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Market watch · 26

Unemployed per vacancy rose only in Canada’s three biggest provinces

In July 2019 they had Canada’s three lowest ratios; by July 2026 they had 3.0 unemployed people per vacancy together, against 2.7 in the six other provinces with a figure.

Before the pandemic, the three biggest provinces had the fewest unemployed people for each job vacancy in Canada. That has turned around. Statistics Canada’s July figures show more unemployed people per vacancy than in 2019 in Ontario, Quebec and British Columbia, and fewer in every other province with a figure. Here is how far each province moved, which of the two counts moved it, what the ratio measures and what it does not, and what it changes if you are hiring or looking for work in Canada.

3.0unemployed people per job vacancy in Ontario, Quebec and British Columbia together, July 2026 (1.8 in July 2019)
2.7the same in the six other provinces with a July figure (3.7 in July 2019)
-72,000job vacancies in Ontario, Quebec and British Columbia against July 2019, a fall of 17%; the six others have 39,000 more

The three biggest provinces swapped places with the other six

Three, 20191.8
Six, 20193.7
Three, 20263.0
Six, 20262.7
Unemployed people per job vacancy, July 2019 and July 2026, seasonally adjusted. The three: Ontario, Quebec and British Columbia. The six: Newfoundland and Labrador, Nova Scotia, New Brunswick, Manitoba, Saskatchewan and Alberta. Each group is its unemployed divided by its vacancies, computed by the desk. Prince Edward Island is left out: its July 2026 vacancy estimate was not published. Statistics Canada, read 30 September 2026.

Up only in the three biggest

In July 2026 Canada had 2.9 unemployed people for every job vacancy, against 2.2 in July 2019. Statistics Canada published the 2.9 on 24 September and put it 0.3 lower than a year earlier, mostly because 105,200 fewer people were unemployed. The number of vacancies, 501,000, was little changed on the month and on the year; in July 2019 it was 534,900.

The rise since 2019 is not spread across the country. It sits entirely in Ontario, Quebec and British Columbia: Ontario went from 2.3 unemployed people per vacancy to 3.5, Quebec from 1.6 to 2.5 and British Columbia from 1.3 to 2.5. In the six other provinces with a July figure it fell: Newfoundland and Labrador from 9.5 to 5.8, New Brunswick from 4.2 to 3.3, Alberta from 3.6 to 2.8, Saskatchewan from 3.3 to 2.4, Nova Scotia from 3.0 to 2.7 and Manitoba from 2.9 to 1.9.

In July 2019 the three biggest provinces had the three lowest ratios in the country. Taken together, they went from 1.8 unemployed people per vacancy to 3.0, while the six others went from 3.7 to 2.7. The three are home to 74% of Canada’s unemployed, which is why their turn moves the national figure.

Fewer vacancies where most of the unemployed live

In the three biggest provinces the two halves of the ratio moved against each other. Between July 2019 and July 2026 vacancies fell by 13% in Ontario, 18% in Quebec and 22% in British Columbia, while the number of unemployed people rose by 36%, 24% and 48%.

Elsewhere vacancies rose. Saskatchewan had 58% more than in July 2019, Manitoba 51% more and Alberta 49% more, and Newfoundland and Labrador, Nova Scotia and New Brunswick between 6% and 22% more. Saskatchewan and Alberta also had more unemployed people than in 2019, by 18% and 15%, but their vacancies rose faster.

In all, the three biggest provinces have 72,000 fewer vacancies than in July 2019, a fall of 17%, and the six others 39,000 more, a rise of 40%. Ontario alone had 170,800 vacancies in July, against 196,200 in July 2019; Alberta had 73,100, against 49,200.

Provenance: Source
Unemployed people per job vacancy, July 2019 and July 2026, and the change; job vacancies in the same months. Seasonally adjusted. Canada first, then the provinces, most unemployed people per vacancy in July 2026 first. Ratios computed by the desk from Statistics Canada’s two tables; Canada’s leaves out the territories, as Statistics Canada’s does. The July 2026 vacancy estimates are preliminary.
ProvinceUnemployed per vacancy, July 2019Unemployed per vacancy, July 2026ChangeVacancies, July 2019Vacancies, July 2026
Canada2.22.9+0.7534,900501,000
Newfoundland and Labrador9.55.8-3.73,5004,300
Ontario2.33.5+1.2196,200170,800
New Brunswick4.23.3-0.98,6009,100
Alberta3.62.8-0.849,20073,100
Nova Scotia3.02.7-0.312,40013,300
Quebec1.62.5+0.9133,400109,200
British Columbia1.32.5+1.2102,20079,600
Saskatchewan3.32.4-0.910,30016,300
Manitoba2.91.9-1.013,80020,900
Prince Edward Island2.6No data2,900No data

What the ratio counts

It divides one survey by another. The unemployed come from the Labour Force Survey: people without work who are available and looking, or about to start a job. The vacancies come from the Job Vacancy and Wage Survey: posts that are empty or about to be, with work to do that month, for which the employer is recruiting outside the organisation.

It is not the number of applicants per job. An unemployed person can apply for many vacancies or for none, and a vacancy can be filled by someone already in work or by someone who was not looking. The ratio compares the size of two pools.

And its latest month is not final. Statistics Canada revises the monthly vacancy estimates when the quarterly survey is complete, and grades each one from A to F. Every estimate used here is graded between A and D; Prince Edward Island’s July 2026 estimate, graded F, was not published.

Provenance: SourceWhat this counts
  1. UNEMPLOYED PEOPLE, from the Labour Force Survey: people without work who are available and looking for it, or on temporary lay-off, or about to start a job, counted where they live. Not everyone who would like a job, and not the number of people claiming benefits.
  2. JOB VACANCIES, from the Job Vacancy and Wage Survey: posts that are empty on the first day of the month or will be during it, with work to do that month, for which the employer is actively recruiting outside the organisation, counted where the job is. Not job advertisements, and not jobs that exist.
  3. A RATIO OF TWO POOLS, not applicants per job. An unemployed person can apply for many vacancies or for none, and a vacancy can be filled by someone already in work or by someone who was not looking. Every comparison here is July against July, seasonally adjusted.

So 3.5 in Ontario does not say that three and a half people apply for each job, or that jobs were lost: it says that in July 2026 Ontario had 3.5 residents without work and looking for every vacancy its employers were trying to fill, against 2.3 in July 2019.

Two surveys, one divided by the other, and a reading that forgets what each counts says what the source does not.

What these figures do not say

They name no cause. Population growth, immigration, interest rates, tariffs and artificial intelligence have all been offered to explain Canada’s labour market, and none of them is measured here.

They do not say that jobs were lost. A vacancy is a post an employer is still trying to fill, so fewer vacancies means fewer unfilled posts, not fewer posts. Nor do they say that anyone moved from one province to another.

They cover the ten provinces and not the territories, which the ratio leaves out, and they forecast nothing.

What this means for you

If you are looking for work in Toronto

Ontario had 3.5 unemployed people per vacancy in July 2026, against 2.3 in July 2019, and 170,800 vacancies, 13% fewer. The figure is for the province, not the city, and it counts the unemployed, not the applicants for any one job; but it says Ontario has more people looking for work for each opening than before the pandemic. Apply more widely than you would have in 2019, and if you can move, Alberta has 2.8 unemployed people per vacancy and 49% more vacancies than in 2019.

If you are hiring in Vancouver

British Columbia went from 1.3 unemployed people per vacancy in July 2019 to 2.5 in July 2026, and its vacancies fell by 22%. For an employer, the pool of people looking for work is almost twice as large, for each vacancy, as before the pandemic. The ratio does not say how many of them have the skills your post needs: check the pool in your own trade before you conclude that hiring has become easy.

If you are hiring in Manitoba or Saskatchewan

Manitoba had 1.9 unemployed people per vacancy in July 2026, the fewest of any province with a figure, and Saskatchewan 2.4; both have more than 50% more vacancies than in July 2019. Expect a smaller pool of unemployed people for each opening than an employer in Ontario faces, and widen your search beyond the province before you conclude that nobody wants the job.

How this was counted

Method

  1. Two tables and one release. Statistics Canada, Table 14-10-0432-01 (job vacancies by province and territory, monthly, seasonally adjusted), released on 24 September 2026 with July 2026, and Table 14-10-0287-01 (Labour Force Survey, monthly, seasonally adjusted), released on 4 September 2026 with August 2026, both read through Statistics Canada’s Web Data Service on 30 September 2026 at 23:17 (+01:00). The release is “Payroll employment, earnings and hours, and job vacancies, July 2026”, The Daily, 24 September 2026.
  2. THE RATIO. Unemployed people divided by job vacancies in the same month, both seasonally adjusted, printed to one decimal. Statistics Canada published it for July 2026 for Canada (2.9) and for four provinces (Newfoundland and Labrador 5.8, Ontario 3.5, Alberta 2.8, Manitoba 1.9); the desk computed every other ratio the same way and reproduces all five. Canada’s ratio divides by the vacancies of the provinces, Canada minus the territories, as Statistics Canada’s does: 2.2 for July 2019.
  3. THE GROUPS. The three biggest provinces are Ontario, Quebec and British Columbia, the three largest labour forces; the six others are Newfoundland and Labrador, Nova Scotia, New Brunswick, Manitoba, Saskatchewan and Alberta. A group’s ratio is its unemployed added up, divided by its vacancies added up. Prince Edward Island is in neither group, because its July 2026 vacancy estimate was not published.
  4. PRINTED FIGURES. Every change in a ratio is the difference between two printed ratios. Changes in vacancies and in the number of unemployed are computed on the published levels and printed to the nearest per cent; vacancy levels are rounded to the nearest hundred, as Statistics Canada’s release rounds them.
  5. A CHECK ON ONE MONTH. July against July can move with the surveys’ noise, so the desk also compared the average of 2019 with the average of the twelve months to July 2026. The same three provinces are the only ones whose ratio rose; Prince Edward Island, measured on the eleven months with a published figure in each period, fell from 4.4 to 3.7.
  6. QUALITY. Statistics Canada grades each vacancy estimate from A (excellent) to F (too unreliable to be published). Every estimate used here is graded A to D; Newfoundland and Labrador’s July 2026 estimate is D (acceptable). The July 2026 estimates are preliminary and will be revised when the quarterly survey is complete.
What the data establishes, and what it does not

What the data establishes

  • In July 2026 Canada had 2.9 unemployed people per job vacancy, against 2.2 in July 2019; Statistics Canada put it 0.3 lower than a year earlier.
  • Between July 2019 and July 2026 the ratio rose only in Ontario (2.3 to 3.5), Quebec (1.6 to 2.5) and British Columbia (1.3 to 2.5), the three provinces with the lowest ratios in 2019; it fell in the six other provinces with a figure.
  • Vacancies fell by 13%, 18% and 22% in those three and rose in each of the six others, from 6% in New Brunswick to 58% in Saskatchewan.
  • Taken together the three went from 1.8 unemployed people per vacancy to 3.0, and the six others from 3.7 to 2.7; the same three are the only ones to rise on twelve-month averages.

What it does not

  • Any cause. Population growth, immigration, interest rates, tariffs and artificial intelligence have all been offered, and none is measured here.
  • The number of applicants per job. The ratio compares two pools; it does not follow anyone’s applications.
  • Job losses. A vacancy is a post still being filled, not a post that exists.
  • That anyone moved between provinces, or anything about the territories, which the ratio leaves out.
  • Prince Edward Island in July 2026, whose vacancy estimate was not published, and any forecast.
Primary sources

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