Ontario's job market is in decline and here's what's in store for people seeking work

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Ontario,Canada,Jobs

It's no wonder that so many job-seekers in Ontario have been having such a seemingly impossible time securing work, as new data from Statistics Canad…

It's no wonder that so many job-seekers in Ontario have been having such a seemingly impossible time securing work, as new data from Statistics Canada shows that the number of available positions in the province has been steadily shrinking for months., paint a troubling picture for not just those who have been struggling to land a steady gig, but for the entire economy.

Ontario not only has the highest unemployment rate of any province — at 7.6 per cent, which was dragged down by Toronto, where this number is a staggering 8.1 per cent — but is also leading the pack for declines in open roles.There were 5.5 per cent fewer job vacancies across the country in Q3 compared to the same time last year, but StatCan writes that "the largest declines were concentrated in Ontario, including Toronto ; Kitchener–Waterloo–Barrie ; and Hamilton–Niagara Peninsula .

Still, the is the ninth quarter in a row where fewer and fewer positions are being made available for a growing number of residents without one.The hardest-hit sectors include the food and beverage industry, which saw a whopping 36.5 per cent drop in job postings from the third quarter of 2023 to the same time this year, as well as the customer service industry, with 40.4 per cent drop in openings.

On the flip side, the best bets for landing a job are in firefighting , financial advising , banking and insurance , shipping and receiving . Roles in dental offices, civil engineering, production and transportation logistics, and others are also doing well.

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