Job vacancies in Canada are more than 80% higher than in the pre-pandemic phase. Interestingly, the unemployment rate in Canada is at a record low of 5.1%. This opens up a huge job opportunities for foreign workers to try their chances in the Canadian labor market.
Canada is facing a dual demographic shock with a rapidly aging population and a low birth rate among the locals. More than one in five working age Canadians are approaching retirement age. This impact is compounded by Canada’s low birth rate of only 1.4 children per woman.
It further strengthens the need for Canada to push immigration targets higher.
Canada recognizes offers over 100 economic immigration pathways. Express Entry is the leading federal pathway to permanent residence. The Provincial Nominee Programs (PNP) form an excellent alternative to regional immigration to Canada and later qualify for Canada PR.
Additionally, there has been a marked increase in international students obtaining permanent resident status within 10 years of arriving in Canada. Many choose to obtain a post-graduation work permit (PGWP) as a first step once they complete their studies.
Take this free assessment online to determine your eligibility for immigration.
Canadian labor market for new immigrants
Immigrants see a rapid increase in their employment rate in recent times. In 2021, 77% of recent immigrants were employed and long-term immigrants (those who have been in Canada more than 10 years) had an employment rate of 84%.
|67% of new economic immigrants to Canada in 2020 were former work permit holders or international students.|
Between 2010 and 2018, there was also an increase in initial earnings among new economic immigrants. The earnings in the first full year rose 39%. Family class immigrants saw a 27% increase in earnings leading to an average increase in wages of 35% for all new immigrants.
Read more>> Healthcare Sector in Canada Continues to Have High Job Vacancies.
Plan Your Immigration to Canada with CanApprove
Even during the peak of the pandemic and disruption to international mobility, unemployment rates in Canada were kept low. Canada achieved it by increasing the immigration of temporary residents located in Canada and issuing them permanent residency.
With open borders and economic activity in Canada on the rise, eligible foreign skilled workers will be targeted to fulfill the increased job vacancies in Canada and qualify for permanent residency.
You must consult the best immigrant consultants in Dubai in order to make the most of this benevolent period of immigration in Canada.
CanApprove is one such certified immigration consultant in Dubai by the College of Immigration and Consultants (CICC). We offer standard pre-departure and post-arrival immigration services including IELTS preparation assistance, and documentation support for Canada PR.
Tie-ups with 500+ institutions for your study abroad programs in Canada and dedicated job search assistance, we can match your work & academic skills with a suitable institution or employer in Canada.
Book your free appointment with us today to discuss Express Entry programs, Provincial Nominee Programs or Quebec immigration, and more!