Try being unemployed and underskilled in this job market. The 6.5 unemployed
per vacancy would not include people who have left the labour force because
they felt they didn't have much of a chance of finding a job and were tired of
looking for one.
Ed
>From today's Ottawa Citizen:
OTTAWA - The case for job shortages in Canada became thinner Tuesday with the
most recent data showing vacancies actually fell to 200,000 at the start of the
year, meaning there were 6.5 unemployed workers chasing each opening.
Statistics Canada said the total job vacancies for January, down by 22,000 from
a year earlier, is the lowest since the agency began collecting data in March
2011. The 6.5 ratio was the second highest, only bettered during that initial
month.
The fresh data is just the latest indicator that seems to undercut government
and business arguments that Canada is facing a serious skills and labour
shortage.
Read more:
http://www.ottawacitizen.com/business/Canada+availability+plummets+average+unemployed+workers+each+opening/8254195/story.html#ixzz2Qj7CM16s
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