Low jobless rate not good news for Sault Ste. Marie
Statistics Canada recently published November's figures for unemployment rates across the country. Sault Ste. Marie's rate is well below the national and provincial rate.
But that isn't a good thing.
Silvia Alves, executive director for the Algoma Workforce Investment Corporation, said the figure is not something positive for the area.
“Although the unemployment rate is low that does mean the availability of workers is limited,” Alves said.
“So as unemployment rate is lower there (are fewer) people available and looking for work.”
The rates for Canada and Ontario are 5.1 per cent and 5.5 per cent respectively. Unemployment across northeastern Ontario is at 4.4 per cent and the rate for the Sault is just 4.1 per cent.
Experts say this is indicative of a worker’s market, where businesses have few options when filling positions.
The Sault's Downtown Association is in the market for at least one new staff member. Executive director Salvatore Marchese said they're getting half the number of applicants they have previously.
"In the past you would have a large amount of applications come in relatively quickly, this time of year having to feed through and wait a little longer for those applicants to come in,” Marchese said.
N1 Solutions is another local company looking for new employees. Communications manager Jessica Tett said they are getting enough interest, but there's a lack of skilled applicants.
“We are actively getting multiple different applicants for each different role, but the biggest challenge we have is getting qualified applicants,” Tett said.
“Sometimes people will just apply to the job without looking at what is required.”
Retail and health care are the sectors in highest need of staff. Alves said a number of agencies are working to find solutions, like bringing in immigrants with the right skills for employers.
And working to improve the skills of locals.
“Developing and retaining our underrepresented groups such as youth, people with disabilities and continuing to support our indigenous communities in workforce development,” she said.
Alves added that the Sault's aging population will only make the problem more evident, and the shortages need to be addressed before the issue is greater.
CTVNews.ca Top Stories
How more than 100 women realized they may have dated, been deceived by the same man
An Ontario man is being accused of changing his name, profession and life story multiple times to potentially more than 100 women online before leaving some out thousands of dollars.

Mother charged with sexual abuse of toddler in Edmonton area after FBI tip
A Strathcona County toddler has been rescued from suspected sexual exploitation, and the child's mother has been charged, police said.
LeBron James becomes NBA's all-time scoring leader, surpassing Kareem Abdul-Jabbar
LeBron James is the NBA's new career scoring leader. With a stepback jump shot with 10.9 seconds left in the third quarter against the Oklahoma City Thunder on Tuesday night, James pushed his career total to 38,388 points on Tuesday night and broke the record that Kareem Abdul-Jabbar held for nearly four decades.
Biden in State of Union urges U.S. Congress: 'Finish the job'
U.S. President Joe Biden exhorted Congress Tuesday night to work with him to 'finish the job' of rebuilding the economy and uniting the nation as he delivered a State of the Union address aimed at reassuring a country beset by pessimism and fraught political divisions.
Fears grow for untold numbers buried by Turkiye earthquake as deaths pass 7,700
Rescuers raced against time early Wednesday to pull survivors from the rubble before they succumbed to cold weather two days after an earthquake tore through southern Turkiye and war-ravaged northern Syria. The death toll climbed above 7,700 and was expected to rise further.
Canadian military plane heads home after two surveillance flights over Haiti
A Canadian Armed Forces surveillance plane was heading home on Tuesday after two intelligence-collecting flights over Haiti.
On list of 50 'most Instagrammable' places, only 1 is in Canada
A new ranking by global travel site Big 7 Travel has revealed the most Instagrammable places for people to visit in 2023, but only one Canadian location, Banff, is among them.
Spy balloon part of a broader Chinese military surveillance operation, U.S. intel sources tell CNN
U.S. intelligence officials believe that the recently recovered Chinese spy balloon is part of an extensive surveillance program run by the Chinese military, according to multiple American officials familiar with the intelligence.
From $55 to $130: Which Canadians plan to spend the most this Valentine's Day?
As Valentine's Day approaches, many Canadians are preparing to celebrate by taking their loved ones to dinner and buying them gifts, but how much are we spending on this day coast to coast?