Job vacancies across Canada remained relatively stable in the fourth quarter of 2025, totalling 495,100 positions after three consecutive quarters of decline. This marks the smallest year-over-year drop since late 2022, declining just 8.9% compared to the previous year. The job vacancy rate held at 2.8% for three straight quarters, while the unemployment-to-job vacancy ratio improved slightly to 3.1. Full-time positions saw modest growth, and employers reported fewer long-term vacancies, suggesting hiring has become easier. Average hourly wages for open positions increased to $29.25, up 3.4% from last year. Quebec and Saskatchewan were the only provinces to record increases in vacancies during the quarter