Employment Rates for New Immigrants in Canada Show Significant Improvement

Employment Rates for New Immigrants in Canada Show Significant Improvement

 

​ 

Recent findings from the Labour Force Survey show that newcomers to Canada are closing the employment gap with Canadian-born workers. 

Between November 2010 and November 2022, the employment rate of new immigrants increased by 12.7 percentage points, while the rate for Canadian workers rose by 4.2 percentage points.

The smallest disparity between the employment rates of newcomers and Canadian-born workers was recorded in December 2021, with 79.6 percent and 85.8 percent, respectively. 

Currently, the employment rate for newcomers is 76.3 percent, and for Canadian workers, it is 85.9 percent, significantly reducing the historical gap, which was nearly 17 percent in 2006.

Newcomers are those who have been granted permanent residence in the last five years. 

A February 2024 Statistics Canada study attributes the relative employment growth of this demographic to three key factors. 

Expanding the two-step immigration process has increased the number of economic immigrants selected from a pool of temporary foreign workers. The percentage rose from 19 in 2010 to 36 in 2022. 

Changes to Canada’s immigration selection process, including introducing the Express Entry system, highlight Canadian work experience, language proficiency, and education. 

A strong Canadian labor market, characterized by low unemployment, has increased the demand for university-educated immigrants.

Statistics Canada data released in early 2023 revealed a clear correlation between the employment rate of core working-age immigrants (25-to-54 years old) and the duration of their stay in Canada. 

The longer immigrants remained in the country, the higher their employment rates.

However, the employment rate for those who arrived in Canada within the last five years experienced a decline between 2022 and 2023. 

As of April 2024, the employment rate for Canadians held steady at 61.4 percent after six consecutive declines, with an increase of 90,000 jobs.

These gains were driven by part-time employment and increased professional, scientific, and technical services, accommodation and food services, health care and social assistance, and natural resources. 

Provincially, employment rose in Ontario, British Columbia, Quebec, and New Brunswick, while other provinces saw little change.

The post Employment Rates for New Immigrants in Canada Show Significant Improvement appeared first on CI News | Latest Canada Immigration News.

 

Start your Canadian Journey here

Reasons to Immigrate to Canada

    Check your eligibility

    error: Content is protected !!