Infographic 1
The unemployment to job vacancy ratio stabilizes as the job vacancy rate decreases

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Infographic description

The title of the infographic is "The unemployment to job vacancy ratio stabilizes as the job vacancy rate decreases"

This is a linear chart.

The vertical axis on the left shows the job vacancy rate from 2.0% to 6.0% by increments of 0.5 percentage points.

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

The horizontal axis shows each quarter from 2016 to 2022.

For the job vacancy rate, its lowest level was 2.3% in the first quarter of 2016 and its highest level was 5.7% in the second quarter of 2022.

For the unemployment to job vacancy ratio, its lowest level was 1.1 in the second and third quarters 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.

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