Canada Witnesses an Increase in Payroll Employment, Indicating Efforts of Recovery from the Labor Crisis
The recent data from November 2022 shows an increase in the number of payroll employment, demonstrating the positive impact of many policy changes to return to the pre-Pandemic economic scenario. Amidst the labor crisis across Canada, this data brings good news with a decrease in job vacancies.
Construction Sector has witnessed high number of Job Openings
The sectors that have shown this positive change in payroll employment include public administration, scientific and technical services, finance, and insurance sectors. Along with these, the construction sector has also witnessed an increase of more than 4,300 positions.
Since the 1 million job vacancies in May 2022, there has been a decrease of 151,900 jobs by November 2022. In November only, 20,700 positions were filled, indicating a fast recovery from the labor crisis created by the COVID-19 pandemic. In that reference, the increasing payroll employment reveals that Canadian businesses are thriving and looking for more people to take part and contribute to the country’s economic growth.
High Paying Jobs in Canada and Guide to find them
Health Care sector is also witnessing boom in Job Openings
In this case, Canada provides a great opportunity for foreign highly skilled workers to land field-specific relevant jobs. Along with the sectors mentioned above, the healthcare industry is still plagued by a persistent vacancy of 131,800 positions. To address the job vacancies in the country, the government is focusing on simplifying the immigration process. With Bill C-19 in 2022, there is an attempt to produce eligible groups in the Express Entry pool to make target-oriented immigration possible.