Canada faces labor shortage as they search to fill in 430,000 vacant jobs

Canada faces labor shortage as they search to fill in 430,000 vacant jobs

- Canada is facing a labor crisis as of this year

- There are 430,000 reported jobs that remained unfilled in the past four months

- Some businesses are feeling the pressure because of this shortage

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Canada has been facing a labor shortage as reported by Inquirer. KAMI learned that there are more than 430,000 jobs unfilled at small and medium-sized firms for the past four months.

According to the Canadian Federation of Independent Business (CFIB), the job vacancy rate rose from 2.9% last year to 3.3% this year.

As stated by CFIB chief economist Ted Mallett, the rate was “above the records set before the 2008 financial crisis, and businesses are really feeling the pressure.”

In a data by their government statistical agency, Canada has 5.8% unemployment rate as of the moment.

Canada faces labor shortage as they search to fill in 430,000 vacant jobs

Photo from Getty Images
Source: Getty Images

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Quebec Premier Francois Legault vowed to cut immigration even though there has been a crisis in skilled workers.

However, for Prime Minister Justin Trudeau, it may not be the “best time” to cut immigration.

“What I hear across Quebec is entrepreneurs, businesses concerned about the labor shortage, so I'm not sure it's the best time to cut immigration," the Prime Minister said.

As previously reported by KAMI, Japan will be enhancing their issuance of working visas to overseas Filipino workers (OFW). However, only 14 job classifications will be covered by the new system.

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HumanMeter team is tricking Filipinos in the street with the second part of our famous Beggar With A Twist prank. The reactions from the prank victims are just extremely hilarious! You can also check out our other videos – on KAMI HumanMeter YouTube channel!

Source: Kami.com.ph

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