Canada: Businesses reported 468,000 job vacancies in Q3

"Canadian businesses reported 468,000 job vacancies in the third quarter, up 62,000 (+15.1%) from the third quarter of 2016," the Statistics Canada reported on Thursday.

Key highlights

The overall job vacancy rate increased 0.3 percentage points to 2.9% in the quarter.

Vacancies for permanent positions accounted for 80.2% of all job vacancies in the third quarter, up from 78.5% the same quarter a year earlier.

This was the fourth consecutive quarter with year-over-year increases in both the number of job vacancies and the job vacancy rate.

As in the second quarter of 2017, year-over-year increases in job vacancies were broadly based across the provinces, industrial sectors and occupations.