BԪַ

Skip to content

High job vacancy continues to be felt across Vancouver Island

Record high job vacancies in Q2 2021 caused by pandemicBԪַs BԪַperfect stormBԪַ
26689597_web1_210924-CRM-Job-Vacancy-1_1
A graph depicting job vacancy rate from 2015 through to the second quarter of 2021 for Canada (red), British Columbia (dark green) and Vancouver Island (light green). Data was not collected for Q2 and Q3 of 2020 due to the pandemic, hence the gap on the graph. Source: Statistics Canada 14-10-0325-01.

Vancouver Island is being affected by a record high number of job vacancies, caused by compounding impacts of the pandemic.

According to data recently published by Statistics Canada, there were a record high 731,900 vacancy jobs nationally in the second quarter of 2021.

This number includes 122,260 vacancies in British Columbia, of which 22,355 were on Vancouver Island.

CanadaBԪַs job vacancy rate, measured as the percentage of vacant positions compared to all positions, was also the highest ever recorded, at 4.6 per cent.

British ColumbiaBԪַs job vacancy rate of 5.4 per cent was the highest among the provinces, while Vancouver IslandBԪַs rate of 6.7 per cent was among the highest of any economic region in Canada.

While the market has since improved BԪַ Canada gained 94,000 jobs in July and 90,000 in August, seasonally adjusted BԪַ many businesses continue to be short staffed.

This situation is the result of a BԪַperfect stormBԪַ caused by three trends driven by the COVID-19 pandemic, explained Mary Ruth Snyder, executive director of the Campbell River and District Chamber of Commerce.

BԪַAt the beginning of the pandemic, there was an immediate closure of a number of businesses such as restaurants, retail and tourism, right across Canada BԪַ and a lot of those people went on to the government support,BԪַ she said.

This caused three trends in the job market which together produced todayBԪַs job vacancies.

The first affected those towards the end of their careers; six months or so into the pandemic, those who were a few years before their scheduled retirement decided to leave their jobs early.

BԪַThe pandemic instigated a quicker departure because it highlighted the importance of family and friends and work-life balance,BԪַ said Snyder.

The second trend was that once laid-off, some workers reevaluated their career and decided it was time for change.

BԪַA number of people, who found themselves laid off indefinitely, decided they were in a job that they didnBԪַt love and that they werenBԪַt passionate about, so they left that job altogether,BԪַ she said.

The third impact of shutdowns is some people turned to the Canada Emergency Response Benefit (CERB) BԪַ and the modified EI program that replaced it BԪַ have not yet turned to employment, she said. This federal program offers up to $2,000 per month and is slated to continue until Oct. 23.

BԪַThese three situations created the perfect storm, and it happened right across Canada,BԪַ said Snyder.

On Vancouver Island, and especially Campbell River, these labour trends were compounded by increased demand in the housing market. As more people moved to the Island, rental and housing prices jumped, thereby pricing some potential workers out of the market.

BԪַYouBԪַve got all these people that retired across Canada, and many are moving to Campbell River, so that has exacerbated the additional problem we have with housing and the demand for housing on Vancouver Island,BԪַ she said.

The conclusion at the end of October of the modified EI program that replaced CERB will help the situation, but Snyder estimates those choosing to return to the job market represent only a third of who were lost.

One way to help the situation is to streamline certification processes and enhance support for language programs for newcomers, but this will take time. But despite these possibilities, there are no easy, short-term fixes to the current job vacancy problem, she said.

BԪַYouBԪַre going to continue to see help wanted signs for a very long time BԪַ decades, easily.BԪַ

READ ALSO:



sean.feagan@campbellrivermirror.com

Like us on and follow us on





(or

BԪַ

) document.head.appendChild(flippScript); window.flippxp = window.flippxp || {run: []}; window.flippxp.run.push(function() { window.flippxp.registerSlot("#flipp-ux-slot-ssdaw212", "Black Press Media Standard", 1281409, [312035]); }); }