Unemployment rate falls to its lowest level since before the recession
Statistics Canada released the Labour Force Survey for September this morning, and it’s a good news report. The country’s economy added 74,000 jobs last month, bringing the national unemployment rate down to 6.8% – the lowest it has been in six years.
The last time the unemployment rate was at this level was in December of 2008, right at the beginning of the recession. Almost all of the new jobs added in September were full-time positions, reversing a worrisome trend that had seen recent gains in part-time positions at the expense of full-time jobs.
It was Ontario that gained the most jobs last month, with nearly 25,000 new positions being added. This brings the unemployment rate in Canada’s largest province down to 7.1%, the lowest it has been since October of 2008. You can read the full report from Statistics Canada here.
Workopolis has been seeing a steady and often impressive growth in job openings being advertised online throughout the year, and so we have been surprised by some of the recent reports from Statistics Canada showing decreases in employment. September’s numbers, by contrast, seem to indicate that the upward trend in job postings is starting to pay off with more people working.
Workopolis is forecasting continued gains in employment for the month of October and for the rest of 2014.
Based on analysis of online job openings and employers’ searches of the Workopolis resume database, we can see where the demand for workers is trending right now.
There has been a huge spike in need for workers in the Hospitality industry, nationally. This includes both part-time service level positions as well as full time management roles. [View hospitality jobs.]
The province of Saskatchewan continues to have the lowest level of unemployment in the country. With a jobless rate of just 3.5% there is a demand for workers in all sectors across the board. [Job opportunities in Saskatchewan.]
Canadian companies are actively recruiting for the following job titles:
- Financial analysts [View jobs]
- Marketing/Communications professionals [View jobs]
- Project managers [View jobs]
- Registered nurses [View jobs]
- Software, application developers [View jobs]
- Web designers [View jobs]
- Sales professionals [View jobs]
Looking ahead longer term, here are the top ten hot job titles to watch for in 2015.