Job prospects down, but posting numbers high

The Leader-Post October 29, 2011

Job prospects are down in Saskatoon and Regina, which is in line with the national trend, according to the latest metro helpwanted index released Friday by the Conference Board of Canada.

Despite the declining number of job postings, the job market in both cities is still very tight, with close to one online job opening for every applicant, the Ottawa-based organization said. In fact, Saskatoon and Regina have relatively high numbers of job postings compared with the number of unemployed persons looking for work.

The Canadian economy showed its resilience in September, creating 60,900 jobs in a period of economic uncertainty, the report said. More than 250,000 jobs have been created so far this year, with 19 of 26 census metropolitan areas – or CMAs – posting job gains between December and September.

But the help-wanted index for October is pointing to weaker near-term job prospects for the majority of Canada’s large cities. In fact, near-term employment prospects are up in only three CMAs (St. John’s, N.L., Saint John, N.B., and the St. Catharines-Niagara region of southern Ontario) and stable in six others.

This means near-term employment prospects are down in 17 CMAs, including in nine of the 10 Ontario CMAs. Prospects are also down in both Saskatchewan CMAs and in two of three B.C. CMAs (Abbotsford-Mission and Victoria).

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