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Posted on June 28 2022

1 million+ job vacancies and 4% increase in the average weekly earnings in Canada

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By  Editor
Updated September 21 2024

Key Aspects about the increase in the payroll employment:

  • The Canadian provinces have seen the payroll employment either return to or exceed precisely like the pre-pandemic time in February 2020
  • The increase in the payroll employment was recorded in 11 of the 15 subgroups
  • Employees receiving pay or benefits from their employer has increased by 126,000 (+0.7%) in April 2022
  • The goods and services sector has seen payroll employment growth in April 2022
  • The payroll employment in the sector of services-producing has been increased by 90,300
  • The payroll employment in the goods-producing sector increased by 18,700
  • the employers in Canada were actively looking to occupy one million (1,001,100) vacant positions in early April 2022
  • Data for the SEPH and the Job Vacancy and Wage Survey (JVWS) in May will be released on July 28, 2022

Overview:

The Survey of Employment, Payrolls and Hours (SEPH) recorded the number of employees receiving pay or benefits from their employer has increased by 126,000 (+0.7%) in April 2022.

Job vacancies increased to a record high in April 2022 in transportation and warehousing, professional, scientific and technical services, arts, entertainment and recreation, real estate and rental and leasing, finance, and insurance.

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Survey of Employment, Payrolls and Hours (SEPH)

According to the Survey of Employment, Payrolls and Hours (SEPH) calculation, the number of employees receiving pay or benefits from their employer has increased by 126,000 (+0.7%) in April 2022. The gains have effectively spread across all the Canadian provinces except Quebec, which reported little change.

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The Canadian provinces that reported the largest payroll employment increase are:

Canadian Province

Number of employees Increase percentage
Ontario +49,900

+0.7%

Alberta

+37,200 +1.9%
British Columbia +16,600

+0.7%

For the first time in April 2022, all the Canadian provinces have seen the payroll employment either return to or exceed the pre-pandemic time in February 2020.

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In contrast, the three provinces were ultimately above their pre-pandemic level. Those three provinces are:

Canadian Province

Number of employees Increase percentage
Prince Edward Island +4,400

+6.4%

New Brunswick

+16,900 +5.2%
British Columbia +87,500

+3.7%

All the provinces of Canada had relaxed the public health measures around capacity restrictions, permitting the most significant number of businesses to operate without the regulations related to the pandemic.

Goods and Services sector sees payroll employment growth in April, 2022

The payroll employment in the services-producing sector increased by 90,300 (+0.6%) in April, bringing the total increase to 314,300 (+2.3%) since February 2022, when the pandemic public health measures began to relax their restrictions.

Payroll employment gains in the service-producing sector

The increase in the payroll employment was recorded 11 of the 15 subgroups in the sector, led by:

Sector

Payroll employment change
Thousands

Percentage

Food services and accommodation

34,500 2.90%
Educational services 9,700

0.70%

The increase in the payroll employment was recorded in 11 of the 15 subgroups in the sector, led by:

Payroll employment gains in the goods-producing sector:

Sector

Payroll employment change
Thousands

Percentage

Construction

+10,500 +0.9%
Manufacturing +4,600

+0.3%

Mining, quarrying, and oil/gas extraction

+2,300

+1.1%

Payroll employment in food services and accommodation continues to increase in April

In April, payroll employment in the food services and accommodation sector increased by 34,500 (+2.9%), bringing the total increase to 115,700 (+10.4%) since February 2022.

Read more...

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The gains in this sector were examined in all the Canadian provinces, led by:

Province

Payroll employment change
Thousands

Percentage

Ontario

+11,700 +2.7%
Quebec +7,600

+3.1%

Nationally, all the food services and accommodation industries reported a monthly payroll employment increase in April 2022, with a profit mainly featured in limited-service eating places and full-service restaurants (+21,400; +2.3%). Also read...

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65 occupations added to LMIA to fulfil the vacant jobs in Quebec

Educational services exceed pre-pandemic level payroll employment level for the first time

In April 2022, the payroll employment in educational services increased by 9,700 (+0.7%) from May, surpassing its February 2020 level for the first time (+8,000; +0.6%).

The monthly increase was distributed across:

Province

Payroll employment change
Thousands

Percentage

Alberta

+4,000 +2.8%
Quebec +3,100

+0.9%

Nova Scotia

+900

+2.1%

Elementary and secondary school services have accounted for more than half of the monthly increase of (+5,800; +0.7%) in April 2022.

Among the six provinces that exceed pre-pandemic payroll employment levels in educational  services in April 2022:

Province Payroll employment change (percentage)
New Brunswick 0.063
Nova Scotia 0.06

Anyhow, payroll employment in educational services for Alberta (-2.5%), Newfoundland and Labrador (-7.1%), Ontario (-0.5%), and British Columbia (-2.2%) was still below February 2020 levels.

Increase on average weekly earnings on an annual basis

The average weekly earnings in April were $1,170, which remained constant from March 2022. On an annual basis, the average weekly earnings were increased by 4.0% in April, comparatively less than the yearly increase observed in March (+4.2%).

All provinces reported yearly average weekly earnings increased in April, led by:

Province Average weekly earnings
Nova Scotia (+7.8% to $1,030)
New Brunswick (+6.4% to $1,073)

Nova Scotia was the only province where the growth in average weekly earnings surpassed the provincial Consumer Price Index (CPI) growth.

Overall job vacancies continue to increase in April, 2022

Across all sectors, the employers in Canada were actively looking to occupy one million (1,001,100) vacant positions in early April 2022, up 2.4% (+23,300) from last month and up 44.4% (+308,000) from April 2021.

Statistics Canada provides the experimental data to eliminate seasonal variations and stated that the monthly increase in April was significant because of seasonal patterns, as the vacancies gradually increase in the summer and spring.

The job vacancy rate, which measures the total number of vacant positions as a proportion of every role (filled and empty), was 5.8% in April, up from 4.4% in April 2021.

A record high job vacancies in multiple sectors

The number of job vacancies in the construction sector has reached a new record of 89,900 in April, up 15.4% (+12,000) from March and up 43.3% (+27,200) from April 2021. The job vacancy rate was 7.9% in April 2022, which was the highest monthly rate in the sector since the comparable data was made available in October 2020.

Job vacancies also increased to a record high in April 2022 in transportation and warehousing (52,000); professional, scientific, and technical services (73,700); arts, entertainment, and recreation (22,200); real estate and rental and leasing (13,500); finance and insurance (49,900).

For more information, check out the Y-Axis blog page...

Next release of SEPH and the Job Vacancy and Wage Survey (JVWS)

Data for the SEPH and the Job Vacancy and Wage Survey (JVWS) in May will be released on July 28, 2022. JVWS results will provide insights into the job vacancies by subsector in the second quarter (April to June) of 2022. The job vacancies and offered wages will be released on September 20, 2022.

Do you want to work in Canada? Get guidance from Y-Axis, the leading Overseas Consultant in Australia

If you found this article engaging, continue to read... Canada’s Start-Up Visa to welcome record number of migrants in 2022

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