Employers throughout Canada are increasing wages in their attempts to attract much-needed workers as the number of job vacancies across the country remains high, the latest report from Statistics Canada reveals.<\/p>\n
\u201cFaced with a tight labour market and hiring difficulties, some employers respond by raising the offered wages of their vacancies,\u201d reports Statistics Canada. \u201cCompared with the same quarter a year earlier, the average offered hourly wage increased by 7.5 per cent to $24.20 in the third quarter.\u201d<\/p>\n
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Prince Edward Island Draw: Province Issues 134 Canada Immigration Invitations<\/a> In its third-quarter report, the statistical and demographic services agency notes that job vacancies did soften somewhat in that quarter, dropping 3.3 per cent to 959,600 from the record high of 992,200 vacant positions in the second quarter of the year.\u00a0<\/span><\/p>\n But the latest quarter still had a very high number of job vacancies.<\/p>\n \u201cIt was 8.3 per cent higher than in the third quarter of 2021 and 72.7 per cent higher than in the first quarter of 2020,\u201d reports Statistics Canada.<\/p>\n The job vacancy rate, which is calculated by dividing the number of vacant positions in Canada by the total number of jobs, both filled and unfilled, was 5.4 per cent in the third quarter of this year, down a smidgeon from 5.7 per cent in the previous quarter.<\/p>\n That\u2019s a very, very tight labour market. Even if every unemployed person had the right skills and experience to do the available jobs, there were still barely enough people unemployed in Canada to fill the available jobs in the country during the third quarter \u2013 and, of course, there is no such perfect match in the workforce.<\/p>\n If you are a candidate looking for a Canada job, or an employer looking to recruit foreign talent from abroad, immigration.ca can help. Access our expertise through our in-house recruitment enterprise\u00a0<\/b>www.skilledworker.com<\/b><\/a>, \u201cthe leader in foreign recruitment\u201d.<\/b><\/p>\n \u201cThere was an average of 1.1 unemployed persons for each job vacancy in Canada in the third quarter of 2022, similar to the record low reached in the second quarter,\u201d reports Statistics Canada.<\/p>\n Canadian employers trying to survive during this acute labour shortage can recruit and hire foreign nationals through the\u00a0Temporary Foreign Worker\u00a0Program\u00a0<\/a>(TFWP) and the\u00a0International\u00a0Mobility Program\u00a0<\/a>(IMP).<\/p>\n The\u00a0Global\u00a0Talent\u00a0Stream\u00a0<\/a>(GTS), a part of the TFWP, can under normal processing situations lead\u00a0to\u00a0the granting of Canadian work permits and processing of visa applications within two weeks.<\/p>\n Under the\u00a0Express Entry system<\/a>,\u00a0immigrants can also apply for\u00a0permanent residency<\/a>\u00a0online if they meet the eligibility criteria for one of three federal immigration programs,\u00a0the\u00a0Federal Skilled Worker Program<\/a>\u00a0(FSW),\u00a0Federal Skilled Trades Program<\/a>\u00a0(FST), and\u00a0Canada Experience Class Program<\/a>\u00a0(CEC),\u00a0\u00a0or a\u00a0participating provincial immigration program.<\/p>\n Candidates\u2019 profiles then are ranked against each other according to a points-based system called the\u00a0Comprehensive Ranking System<\/a>\u00a0(CRS). The highest-ranked candidates are considered for an\u00a0Invitation to Apply<\/a>\u00a0(ITA) for permanent residence. Those receiving an ITA must quickly submit a full application and pay processing fees, within a delay of 90-days.<\/p>\n
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\nJob Vacancies 8.3% Higher Than Last Year<\/h3>\n
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\nJob Vacancies Rose In Manitoba And Saskatchewan<\/h3>\n