Average weekly earnings increase by 4% in Canada; 1 million+ vacancies

Highlights

• Service-producing and goods-producing sectors have seen a huge increase in payroll employment.
• Food and accommodation services and Educational services have surpassed the pre-pandemic level in payroll employment.
• Alberta and Ontario have seen a record level of high job vacancies in April month.
• Finance and Insurance, Construction, real estate, and rental leasing; professional, scientific, and technical services; arts, entertainment, and recreation sectors have a record number of vacancies.
• Nova Scotia is the lone province that has surpassed in average weekly earnings compared to other provinces.
• The job vacancy rate is 5.6%, which is a record level high in Canada.
• Average weekly earnings have increased by 4% in Canada and more than 1 million vacancies.

*Check your eligibility to Canada through Y-Axis Canada immigration points calculator

The number of employees that receive payment or the benefits from their employer, measured by the Survey of Employment, Payrolls and Hours (SEPH), is improved by 126,000, which is +0.7% in April.

*Searching for jobs in Canada? Avail Y-Axis job search services to find the right one.

Except for Quebec, the provinces that reported the largest payroll employment increase gains are listed below:

Provinces	Increase in Payroll employment	Increase in %
Ontario	49900	+0.7
Alberta	37200	+1.9
British Columbia	16600	+0.7

The payroll employment in all the provinces has come back or exceeded the levels seen in February 2020 during the COVID-19 pandemic. Following provinces have exceeded the levels that were in pre-pandemic.

Provinces	Exceeded in Payroll employment	Increase in %
Prince Edward Island	+4400	+6.4
New Brunswick	+16900	+5.2
British Columbia	+87500	+3.7

Most provinces have eased their public health measures more than their capacity limits by allowing most businesses to operate without restrictions.  

Also Read…

How to immigrate through Canada’s Federal Skilled Worker Program

To know more updates, please follow Y-Axis blog page...

Payroll employment growth in services-producing and goods-producing sectors in April

The payroll employment increased in the services-producing sector in April compared to February, as the provinces slowly eased the COVID-related restrictions. It has seen a 90,300 increase with a 0.6% rise, which sums to a total increase of 314,300 and a +2.3% rise.

There were gains noted in around 11 of the 15 sub-groups in the services-producing sector, driven by the following sectors.

Sector	Increase in payroll	Increase in percentage
Food and accommodation services	+34,500	+2.9%
Educational Services	+9,700	+0.7%

Also Read…

Canada to introduce new fast track program for temporary workers

In the goods-producing sector, the payroll employment has recorded its largest increase, 18,700, with a +0.6% rise, which is 27,500, a + 0.9% increase since January.

This rise in payroll in the goods-producing sector, in turn, led to a gain in the following sectors.

Sector	Increase in payroll	Increase in percentage
Construction	(+10,500; +0.9%) gain	(+10,500; +0.9%) gain
Manufacturing	(+4,600; +0.3%) gain	(+4,600; +0.3%) gain
Mining, Quarrying and oil & gas extraction	(+2,300; +1.1%) gain	(+2,300; +1.1%) gain

Also Read…

Canada to resume all-program Express Entry draws on Wednesday July 6

Increase in Payroll employment in the accommodation and food services sector

The payroll employment has seen a great rise in the food and accommodation sector by 34,500, which is a +2.9% increase, which is a total increase of 115,700 (+10.4%).

This gave a push to the sector, and some of the provinces have seen a great gain.

Province	Increase in payroll	Increase in percentage
Ontario	+11,700	+2.7%
Quebec	+7,600	+3.1%

The Educational Services sector exceeded the pre-pandemic payroll employment level.

The payroll employment in the educational services has seen a rise by 9700, which is +0.7% for the first time, overtaking the February 2020 level.

This monthly increase can be seen across the following provinces.

Province	Increase in payroll	Increase in percentage
Alberta	+4,000	+2.8%
Quebec	+3,100	+0.9%
Nova Scotia	+900	+2.1%

The Elementary and secondary school services have accounted for more than half of the monthly increase in April (+5,800; +0.7%).

Out of all six provinces, few have exceeded the pre-pandemic payroll employment levels in the educational services in the April month. However, few provinces are still below the February 2020 levels.

Province name	Payroll employment level
New Brunswick	+6.3%
Nova Scotia	+6.0%
Newfoundland and Labrador	-7.1%
Alberta	-2.5%
British Columbia	-2.2%
Ontario	-0.5%

Do you want work in Canada? Speak to Y-Axis overseas Canada immigration career consultant for guidance.

Also Read…

IRCC aims to resume FSWP and CEC invitations

The payroll employment increase in Construction

Payroll employment has seen an increase in the construction sector by 10,500 with +0.9% that routed the other provinces to increase the payroll.

Province	Increase in payroll	Increase in percentage
Alberta	+4,900	+2.8%
Ontario	+2,100	+0.5%
British Columbia	+1,700	+0.9%

This gain was spread across all the provinces to nearly all the industries within the sector. The other specialty trade contractors and accounting saw a great rise.

Also Read…

Canada announces new immigration fees for 2022

Average weekly earnings

The average weekly earnings were registered as $1,170 in April month, which is almost constant from March. The average weekly earnings have seen a 4.0% increase yearly. This increase can be seen across the following provinces for April.

Province	Increase in payroll	Increase in percentage
Nova Scotia	$1,030	+7.8%
New Brunswick	$1,073	+6.4%

*Need assistance to apply for Canadian PR visa? Then get professional guidance from Y-Axis Canada overseas immigration expert

The average weekly earnings for Nova Scotia have surpassed the provincial Consumer price index (CPI) growth. It is the only province to exceed in April.

Around two-thirds of all the sectors have seen an increase in average weekly earnings in April, whereas the national CPI increased by 6.8%.

Sector	Increase in payroll	Increase in percentage
Retail trade	$715	+11.7%
professional, scientific and technical services	$1,680	+9.7%
manufacturing	$1,264	+8.2%
wholesale trade	$1,417	+7.4%

The only sector that reported a decrease in average weekly earnings is Arts, entertainment, and recreation (-4.5% to $711).

Change in Average weekly hours in April

The average weekly hours worked have seen a little change in April compared to March, by being constant at 1.8% above the pre-pandemic level. Construction was the only sector that reported a monthly increase in average weekly hours of +1.0%

Job vacancies continue to increase

Canadian employers continue to fill in the million vacant positions across all the sectors during the beginning of April, which shows an increase up to +23,300, i.e., 2.4% compared to the previous month.

 According to the experimental data from Statistics Canada, the typical increase in job vacancies month over month is due to a seasonal pattern.

 Read more...

Job outlook in Canada for 2022

Job vacancies record high in Alberta and Ontario

There has been a record number of high job vacancies in April that is reported month over month increase as follows:

Province	Increase in payroll	Increase in percentage
Alberta	112,900	+20.6%
Ontario	378,200	+4.3%

Whereas there is a decline in job vacancies in Nova Scotia reported as -10.7% to 20,100.

The average unemployed person for each job vacancy in April is 1.1, which was low (1.2) in March and 2.4 a year before.

Province	Average unemployed person
Quebec	0.8
British Columbia	0.9
Newfoundland and Labrador	3.7

Also Read…

Canada Immigration – What to expect in 2022?

Record level job vacancies in various sectors

The Number of job vacancies in the construction sector has reached its highest number of 89000, i.e., 15.4% compared to March. The total increase registered since April 2021 is 43.3% (+27,200). The job vacancy rate in April 2022 is 7.9%, which has been high since October 2020.

Job vacancies in Sectors	Increased number of vacancies in April month
Transportation and Warehousing	52,000
Finance and Insurance	49,900
Professional, Scientific and Technical services	73,700
Arts, Entertainment and Recreation	22,200
Real Estate and Rental and Leasing	13,500

Job vacancies increased in the manufacturing sector and a slight change in accommodation and food services

The manufacturing sector has seen an increase in job vacancies in April, reporting 90,400 vacant positions, which is 7.9% up compared to March. The job vacancy rate was 5.6% during October 2021, which is comparably a record-level high rate.

The food and accommodation services sector employers have been filling 153,000 vacant positions during April, which has slightly changed from the previous month. The job vacancy rate was 11.9%, the highest of any sector.

Job vacancies in health care and social assistance and retail trade

In the health care and social assistance sector, the number of job vacancies has seen a decline of 15.1% to the number of 152,200 in April, which was reported to be 147,500 in March. But comparatively 21.3% higher than in April 2021.

Around 97800 job vacancies were there in Retail Trade in April, down to 7.1% from March, but 27.9% higher than in April 2021. There were 97,800 job vacancies in retail in April, down 7.1% (-7,500) from March but 27.9% (+21,400) higher than in April 2021.

The job vacancy rate was reported as 4.7%, increasing from 3.9% in April 2021.

Do you have a dream to migrate to Canada? Talk to World’s no.1 Y-Axis Canada overseas migration consultant.

Also Read: Temporary Foreign Workers in Canada Seeing Pay Hikes

Web Story: 1 million jobs in Canada, average earnings increased by 4%