Canada: Number of job vacancies rose 19.3% on a yearly basis in Q1

"The number of job vacancies totalled 462,000 in the first quarter, up 75,000 (+19.3%) from the first quarter of 2017," Statistics Canada reported on Thursday.

Key takeaways from the official publication

• The job vacancy rate rose 0.4 percentage points to 2.9%.
• Job vacancies rose across most provinces, industrial sectors and occupational groups on a year-over-year basis.
• The number of job vacancies in Canada (unadjusted for seasonality) was down 1.6% between the fourth quarter of 2017 and the first quarter of 2018.