Infographic 3
Unemployment to job-vacancy ratio decreases as labour market tightens (seasonally adjusted)

Infographic description

The title of the infographic is "Unemployment to job-vacancy ratio decreases as labour market tightens (seasonally adjusted)"

This is a linear chart.

The vertical axis shows the number of job vacancies from 200,000 to 1,000,000 by increments of 200,000.

The secondary vertical axis shows the unemployment to job vacancy ratio from 0 to 4.0 by increment of 0.5.

The horizontal axis shows each quarter from 2016 to 2022.

For job vacancies, its lowest level was 362,100 in the first quarter of 2016 and its highest level was 957,500 in the first quarter of 2022.

For the unemployment to job vacancy ratio, its lowest level was 1.2 in the first quarter of 2022 and its highest level was 3.8 in the first quarter of 2016.

Note(s): Job Vacancy and Wage Survey data collection was suspended for the second and third quarters of 2020; therefore, data for these reference periods are not available. Data are seasonally adjusted.

Source(s): Job Vacancy and Wage Survey (5217), table 14-10-0400-01; Labour Force Survey (3701), table 14-10-0287-01.