BUSINESS

Canada Job Vacancies Rise Over 3-Month Period To May: StatsCan

08/20/2012 09:13 EDT | Updated 10/20/2012 05:12 EDT
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MIAMI BEACH, FL - JULY 05: A ''Now Hiring'' sign is seen in the store front window on July 5, 2012 in Miami Beach, Florida. The ADP released the National Employment Report which showed that employment in the U.S. nonfarm private business sector increased by 176,000 from May to June on a seasonally adjusted basis.The government will release its closely watched employment report for June on Friday. (Photo by Joe Raedle/Getty Images)
OTTAWA - Statistics Canada says the average number of job vacancies was up in the three-month period ending in May.

The agency reports an average of 258,000 job vacancies over that period, an increase of 22,000 from the same period in 2011.

For every job vacancy, there were 5.5 unemployed people — down from 6.3 in May 2011.

Statistics Canada says the drop in the unemployment-to-job vacancies ratio resulted from more job vacancies and less unemployed people.

The agency says the national job vacancy rate was 1.8 per cent over the three-month period ending in May.

That's up from 1.7 per cent a year earlier.

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