This post is an excerpt of an article originally posted by Jessy Bains (Yahoo Finance Canada) on March 25th, 2019. To read the full article, click here

Canadian job vacancies rise by 16 per centCanadian employers continue to look for workers, as the number of job vacancies rises for the 9th straight year-over-year increase.

In the fourth quarter of 2018, vacancies increased by 78,000 (16.6 per cent) compared to the same period in 2017.

Statistics Canada says the last three quarters of 2018 posted the highest number of job vacancies since the agency started tracking the data in 2015.

The job vacancy rate rose to 3.3 per cent, the third straight quarter above 3 per cent.

“The job vacancy rate represents the number of job vacancies expressed as a percentage of labour demand—that is, the sum of all occupied and vacant jobs,” says Statistics Canada.

Read the full article here.