Jobs down, but improving
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CareerAIM.com released the July Canadian Job Market Report last week.
The report indicates that 53,800 fewer Canadian jobs were advertised in July, down 23.1 per cent, compared with one year ago. This is a significant improvement from May this year when job postings were at the lowest level since the start of the current recession, down 36.6 percent from the previous year.
According to David Forster, the president of CareerAIM, “while June saw a significant increase in Canadian job postings, finishing the month only 18.5 per cent below the previous year, July saw some of these gains returned, losing 4.6 percentage points, 23.1 per cent below July 2008.”
Canadian job postings fell by 12.3 per cent, down from 204,200 in June to 179,100 in July. Most of this decline is explained by normal seasonal variations; during the same period last year, job postings fell by 10.9 percent.
Compared with July 2008, the most significant losses of job postings are in B.C. (-39.7 per cent), Nova Scotia (-32.2 per cent), Alberta (-31.7 per cent), Manitoba (-22.2 per cent) and Ontario (-20.8 per cent).
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