Infographic 2
Job vacancies decreases while total labour demand increases

Infographic description

The title of the infographic is "Job vacancies decreases while total labour demand increases"

This is a linear and bar combination chart.

The vertical axis on the left shows the number of job vacancies and number of payroll employment in thousands, by increments of 1,000. It starts at 13,000 and ends at 19,000.

The vertical axis on the right shows the job vacancy rate by percentage, by increments of 1 percentage point. It starts at 0.0 and ends at 6.0.

The horizontal axis shows each quarter, from the first quarter of 2017 to the first quarter of 2025.

The dark red bar represents the number of job vacancies (in thousands) in the last 33 quarters, with 426.7 in the first quarter of 2017, 430.4 in the second quarter of 2017, 448.3 in the third quarter of 2017, 484.8 in the fourth quarter of 2017, 501.5 in the first quarter of 2018, 517.0 in the second quarter of 2018, 531.2 in the third quarter of 2018, 565.9 in the fourth quarter of 2018, 550.6 in the first quarter of 2019, 548.8 in the second quarter of 2019, 541.1 in the third quarter of 2019, 529.7 in the fourth quarter of 2019, 560.0 in the first quarter of 2020, second and third quarters of 2020 omitted because data were not collected during this phase of the COVID-19 pandemic, 583.3 in the fourth quarter of 2020, 601.6 in the first quarter of 2021, 691.4 in the second quarter of 2021, 885.4 in the third quarter of 2021, 938.4 in the fourth quarter of 2021, 945.5 in the first quarter of 2022, 985.9 in the second quarter of 2022, 961.2 in the third quarter of 2022, 878.0 in the fourth quarter of 2022, 828.6 in the first quarter of 2023, 772.1 in the second quarter of 2023, 710.8 in the third quarter of 2023, 671.8 in the fourth quarter of 2023, 640.3 in the first quarter of 2024, 578.7 in the second quarter of 2024, 548.8 in the third quarter of 2024, 544.9 in the fourth quarter of 2024, and 524.3 in the first quarter of 2025.

The blue bar represents the payroll employment (in thousands) in the last 33 quarters, with 15,438.4 in the first quarter of 2017, 15,487.7 in the second quarter of 2017, 15,628.0 in the third quarter of 2017, 15,686.7 in the fourth quarter of 2017, 15,730.0 in the first quarter of 2018, 15,835.3 in the second quarter of 2018, 15,921.7 in the third quarter of 2018, 16,051.7 in the fourth quarter of 2018, 16,149.0 in the first quarter of 2019, 16,215.5 in the second quarter of 2019, 16,308.5 in the third quarter of 2019, 16,366.1 in the fourth quarter of 2019, 16,365.2 in the first quarter of 2020, second and third quarters of 2020 omitted because data were not collected during this phase of the COVID-19 pandemic, 15,238.2 in the fourth quarter of 2020, 15,188.7 in the first quarter of 2021, 15,422.6 in the second quarter of 2021, 15,786.3 in the third quarter of 2021, 16,153.1 in the fourth quarter of 2021, 16,317.9 in the first quarter of 2022, 16,573.2 in the second quarter of 2022, 16,750.0 in the third quarter of 2022, 16,903.9 in the fourth quarter of 2022, 17,022.1 in the first quarter of 2023, 17,081.8 in the second quarter of 2023, 17,164.5 in the third quarter of 2023, 17,196.8 in the fourth quarter of 2023, 17,212.1 in the first quarter of 2024, 17,276.3 in the second quarter of 2024, 17,301.3 in the third quarter of 2024, 17,323.9 in the fourth quarter of 2024, and 17,386.7 in the first quarter of 2025.

The black line represents the job vacancy rate (in percentage) in the last 33 quarters, with 2.7% in the first quarter of 2017, 2.7% in the second quarter of 2017, 2.8% in the third quarter of 2017, 3.0% in the fourth quarter of 2017, 3.1% in the first quarter of 2018, 3.2% in the second quarter of 2018, 3.2% in the third quarter of 2018, 3.4% in the fourth quarter of 2018, 3.3% in the first quarter of 2019, 3.3% in the second quarter of 2019, 3.2% in the third quarter of 2019, 3.1% in the fourth quarter of 2019, 3.3% in the first quarter of 2020, second and third quarters of 2020 omitted because data were not collected during this phase of the COVID-19 pandemic, 3.7% in the fourth quarter of 2020, 3.8% in the first quarter of 2021, 4.3% in the second quarter of 2021, 5.3% in the third quarter of 2021, 5.5% in the fourth quarter of 2021, 5.5% in the first quarter of 2022, 5.6% in the second quarter of 2022, 5.4% in the third quarter of 2022, 4.9% in the fourth quarter of 2022, 4.6% in the first quarter of 2023, 4.3% in the second quarter of 2023, 4.0% in the third quarter of 2023, 3.8% in the fourth quarter of 2023, 3.6% in the first quarter of 2024, 3.2% in the second quarter of 2024, 3.1% in the third quarter of 2024, 3.0% in the fourth quarter of 2024, and 2.9% in the first quarter of 2025.

Note(s): Total labour demand is equal to the sum of payroll employment and job vacancies. 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. Q = quarter.

Source(s): Job Vacancy and Wage Survey (5217), table 14-10-0400-01.