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Statistics Canada’s Labour Force Survey Shows Fast Economic Growth In Canada

Employment-up-in-Canadian-industries-with-high-amounts-of-immigrants

Canada added 303,000 jobs in March. 

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Statistics Canada has released its monthly Labour Force Survey that examines the present labor market condition in Canada. It noted employment gains in March across the provinces, with the largest increases in immigration-friendly regions of Ontario, Alberta, and British Columbia. 

Further, recovery was evident in hard-hit industries like retail trade, and accommodation and food services. Significant improvement was seen in employment in information, culture, and recreation services for the first time since the beginning of pandemic-related shutdowns. 

Recent Immigrants See Stable Employment Rate For Themselves

There’s no doubt that immigration in Canada was disproportionately affected due to pandemics. However, the good news is that employment levels are up in industries with a high number of immigrants. 

The survey report showed full recovery in the Retail Trade industry by comparing the levels of immigrants employed. For example, some 450,000 immigrants were employed in this industry as per the 2016 census. Canada has achieved the same employment level by end of March, thereby promising economic recovery. 

Another industry such as Accommodation and Food Services employs about 346,000 immigrants. Canada was able to show a 2% increase by adding 21,000 more people to this industry. 

The survey report also mentioned an increase in opportunities and employment in industries such as Construction which employs about 238,000 immigrants, Healthcare and Social Assistance which is usually supported by 523,000 Immigrants, and Educational Services where more than 264,000 immigrants work. 

Further, the employment rate for “very recent immigrants” was about 65%, seeing a minor change from last year’s average during the same time. The survey defines “very recent immigrants” to be people who have been in Canada for less than five years. 

Statistics Canada has also cautioned all the stakeholders about the potential loss in employment gains next month following the third wave of pandemic and related closure of non-essential services. 

Restrictions in Quebec, British Columbia, and Alberta have already been tightened. 

Despite this, Canada is still keen on fulfilling its annual target of welcoming over 1.2 million new immigrants in the next three years. 

About 60% of the said target will be achieved through nominations for Canada PR under economic-class programs. These will include the Express Entry system and Provincial Nominee Programs. Thousands of foreign skilled workers, entrepreneurs, international students are said to be benefited from these immigration-friendly measures. 

To make the most of this benevolent period of immigration in Canada, contact CanApprove. 

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