Highlights:
Retail trade job openings have increased.
A gain of 10,000 jobs in technical occupations has been observed in various provinces.
Earnings per week increased by 2.5 percent.
Canada Statistics has released a report on job openings.
Statistics Canada has released a report on May 2022 monthly employment, payroll, and vacancies. According to the report, pay and benefits will be reduced beginning in May 2021. According to the survey, 26,000 jobs have not been filled since May 2021. Ontario has experienced 30,000 job losses, while Manitoba has experienced 2,500 job losses. British Columbia is the only province that has increased employee payroll.
Payroll in various industries
Payroll issues have arisen in some sectors, particularly in the service sector. 17,000 jobs could be lost due to payroll cuts. Education, healthcare, and social assistance are among these sectors.
Retail has a high rate of employment.
Although job vacancies in the retail sector decreased in Ontario, overall job vacancies in this sector increased by 6%. Except for the following provinces, employment in the retail sector has increased.
Ontario
Quebec
Brunswick, New Brunswick
British Columbia (BC)
Labrador and Newfoundland
Only one industry has seen an increase in job vacancies, and that industry is professional, scientific, and technical services.
Earnings per week increased by 2.5 percent.
Despite job losses, weekly earnings in the retail trade increased by 9.3 percent in May 2022 compared to May 2021. Professional, scientific, and technical services wages have risen by 8.1 percent. According to the April report, employees' weekly earnings increased by 2.5 percent.
New Brunswick had the highest payroll increase of 7.4 percent in May 2022. Payroll in Newfoundland and Labrador has increased by 5.9 percent. According to the report, average wages increased in seven other provinces.
Job openings in the retail trade sector are increasing.
Canada's unemployment rate has dropped to 5.1 percent. The number of job openings in the healthcare and social services sectors has risen to 143,000. Job vacancies in the accommodation and food service sector increased by 10% in Nova Scotia and Manitoba.
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