Job vacancies in food and beverage manufacturing fell to 2019 levels this year, but softening demand for workers isn’t necessarily a positive sign says Farm Credit Canada.
Among food manufacturers, job vacancies fell nearly 32 per cent in 2024, while the number of payroll employees fell almost five per cent, wrote FCC senior economist Amanda Norris in a Dec. 18 report. This led to a job vacancy rate of 2.6 per cent.
Despite less competition for workers, wages offered for food manufacturing jobs rose 9.2 per cent year over year.
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Beverage manufacturers saw a drop in vacancies of about 21 per cent, while the number of payroll employees rebounded after two …