There were more than one million unfilled positions at the beginning of May.
Employers are having a hard time filling jobs in Canada.
The photo was taken by Oliver Douliery.
Job vacancies climbed to a record in May as employers struggled to fill jobs in the heated up labour market.
There were more than one million unfilled positions at the beginning of May, up slightly from the previous record. The number was higher in May.
The inability of companies to hire enough people to keep up with orders suggests the economy is unable to supply all the goods and services consumers and companies are looking for. Macklem raised the benchmark interest rate by a full percentage point earlier this month because of the mismatch.
The unemployment rate in May was 5.1 per cent, but the job vacancies rate remained at 5.8 per cent. The unemployment to jobvacancy ratio is down from last year.
The lower unemployment-to-job-vacancy ratio indicates a tighter labour market.
There were 161,100 vacancies in the accommodation and food services sector in May, a slight decrease from the previous month. It had the highest rate for the 13th month in a row.
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