Alberta has the highest rate of job vacancies in Canada, according to numbers released by Statistics Canada on Tuesday.
For every 100 employment positions in this province, almost three of them are waiting to be filled, says Todd Hirsch, Financial's Chief Economist at ATB Financial, on the company's blog.
The vacancy rate has fallen from 3.2 per cent a year ago to 2.7 per cent this year in the province. The latest numbers on the national job vacancy rate are at 1.5 per cent, down from 1.8 per cent a year ago.
"Job Vacancy Statistics provide a perspective of labour demand: how many jobs employers are trying to fill," says Hirsch.
The industries with the lowest rate of job vacancy are wholesale trade at 1.4 per cent, public administration at 1.5 per cent and finance and insurance at 1.7 per cent.
The highest rates are in construction at 3.3 per cent, educational services at 4.2 per cent and accommodation and food services at 5.6 per cent.
"This suggests some employers are facing labour shortages," says Hirsch.
The rate of unfilled positions in Alberta is consistent with reports that show the province, along with Saskatchewan, has one of the healthiest job markets in the country.
"However, there’s potential for job vacancy rate to rise too high, which would throw the entire job market off balance," says Hirsch.