Statistics Canada says job vacancies down 2.4% in November

Statistics Canada says the number of job vacancies fell by 2.4% in November to their lowest level since August 2021.

The agency says the number of job vacancies across all sectors was down 20,700 at 850,300 for the month.

The job vacancy rate – which measures the number of vacant positions as a proportion of total labour demand – was 4.8% in November, the lowest rate since June 2021.

Statistics Canada says the number of job vacancies fell in the professional, scientific and technical services category by 18.1%, while health care and social assistance vacancies dropped 12.8%.

The number of vacancies in construction rose 16.6%.

There were 1.2 unemployed people for every job vacancy in November, up from the low of 1% in June.