Job vacancies in Canada fell for the fifth straight quarter as the number of unemployed individuals went up in an indication that the country’s labour market is showing signs of easing.
The Job Vacancy and Wage Survey (JVWS) from Statistics Canada revealed that job vacancies fell by 69,900 (-9%) to 706,000 in the third quarter of 2023.
This is the fifth straight quarterly decline from the record-high number of job vacancies recorded in second quarter of 2022, where there were over 990,000.
