Canada job vacancy rate edges up in first quarter

1.8 per cent compared to 1.6 last year
||Last Updated: 06/25/2012

(Reuters) — In a sign of a modest tightening in Canada's job market, the job vacancy rate in Canada rose to an average of 1.8 per cent in the first quarter of 2012 from 1.6 per cent one year earlier, according to Statistics Canada.

By comparison, Canada's unemployment rate, not seasonally adjusted, was an average of 7.8 per cent in the first three months of 2012 and 8.1 per cent one year earlier.

The government agency also reported that for every job vacancy, there were an average of 5.8 unemployed people in the first quarter, down from 6.5 in the first quarter of 2011.

The provincial breakdown tells a tale of the booming resource sector in the Prairie provinces, where employers have often had to turn to foreign workers to staff their operations.

Alberta's ratio of unemployed to job vacancies was only 1.8, down from 3.2 a year earlier. Saskatchewan and Manitoba were 2.8 and four respectively.

But Ontario and Quebec were 7.6 and 7.2, while the Atlantic provinces ranged from 8.1 to as high as 16 in Newfoundland and Labrador.

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