Good News for Immigrants to Canada: Unemployment Rate at Lowest Level

There can be nothing better for immigrants to Canada as the employment gap continues to narrow. There has been substantial growth in recent times and immigrants are now an indispensable part of the Canadian labor force. Good News for Immigrants to Canada: Unemployment Rate at Lowest Level.

Recent surveys showed that Canada: Unemployment Rate at Lowest Level-

The recent survey suggested that the immigrant unemployment level has been at its lowest since the year 2006. The findings were based on the data collected between 2006 and 2017 and its major source was the monthly Labour Force Survey. It holds true for the “core working-age” which is basically immigrants aged 25-54.

Immigrants to Canada: Need Shorter Time to Settle Now

According to studies, immigrants at present make up around 26 percent of the Canadian workforce. On the other hand, the Canadian-born workers constitute around 74 percent. But there has been a decrease in the ratio of Canadian-born workers.

Most of the growth has been noted in scientific, professional and technical services; insurance, finance, real estate, and leasing services; social assistance, manufacturing as well as health care.

Immigrants to Canada are more educated than the native-born citizens-

It is a well-known fact by now that the immigrants to Canada are mostly university educated in comparison to Canadian-born citizens. It was reported in the year 2017 that around 49.5 percent of the immigrant labor force had university degrees. While the Canadian-born workers holding degrees were merely around 30.3 percent.

Key findings of reports:

• In the year 2016 and 2017 the majority of national employment growth was because of the “core working-age” immigrants i.e. aged 25-54.
• It was reported in the year 2017 that the immigrants from the Philippines contributed majorly to the employment rate i.e. around 88.5 percent. They were followed by European-born immigrants (85.7 percent).
• The immigrants who have been in Canada for over a decade a major part of the university-educated immigrants in 2017.
• All those immigrants who have been in Canada for less than five years constituted a third of the overall 2017 employment gains.

No Denial in Accepting the role of Immigrants in the Growth of the Economy-

There is no denying the fact that immigration plays a major role in meeting the labor market challenges in Canada. They help in the growth of business and also create job opportunities for Canadians. Due to these reasons, Canada is open to the whole idea as employment is key to the flourishing addition of newcomers to Canada.

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Diksha Garg

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