๐Canadaโs job vacancies have sharply declined, dropping to 551,000 in June from nearly one million during the COVID-19 pandemic, a 44.9% decrease over two years. Statistics Canada reports a 25.6% year-over-year drop in vacancies, with the job vacancy rate holding steady at 3.1%. The ratio of unemployed persons to job vacancies increased for the fifth consecutive month, signaling a cooling labor market. June saw 47,300 fewer Canadians employed, with significant job losses in retail, manufacturing, construction, and administrative sectors. Mining, quarrying, and oil and gas extraction was the only sector to report job growth, adding 2,500 positions.โ . ๐๐๐ฏ๐ข๐ ๐๐ญ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ก๐จ๐ฆ๐ ๐ฃ๐จ๐ฎ๐ซ๐ง๐๐ฒ ๐๐๐๐จ๐ซ๐ญ๐ฅ๐๐ฌ๐ฌ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐๐๐ฆ๐๐ฅ, ๐ฒ๐จ๐ฎ๐ซ ๐๐๐๐ข๐๐๐ญ๐๐ ๐๐๐ ๐๐๐๐ฅ๐ญ๐จ๐ซ. ๐๐๐ฅ๐ฅ: +๐ (๐๐๐) ๐๐๐-๐๐๐๐ ๐๐ฆ๐๐ข๐ฅ: ๐ค๐๐ฆ๐๐ฅ@๐ญ๐ก๐๐๐๐ง๐๐๐ข๐๐ง๐ก๐จ๐ฆ๐.๐๐จ๐ฆ @kamalpillai_realtor . . #CanadaJobs #LabourMarket #EmploymentTrends #JobVacancies #EconomyUpdate #Unemployment #JobMarket #mnm #malayalisnearmeapp #canadaupdate #canadanews
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