Alberta’s job vacancy rate has remained at a record low amid the ongoing economic downturn.
New numbers from the Canadian Federation of Independent Business (CFIB) suggest the private sector job vacancy rate remained unchanged at 1.5 per cent in the fourth quarter of 2016.
The CFIB said labour market conditions are “considerably weaker” in Alberta than they were when the province was booming.
“Although this vacancy rate represents 23,300 unfilled jobs, it is a far cry from the thousands of additional positions that went begging when the economy was prosperous and growing,” CFIB director of Alberta affairs Amber Ruddy said in a Thursday statement.
The report suggests oil and gas firms may start hiring as the industry is reporting rising job vacancy rates.
The national private sector job vacancy rate also remained steady in the fourth quarter at 2.4 per cent.
The highest vacancy rates were reported in British Columbia (3.1 per cent) and Ontario (2.8 per cent).