Canada’s name remains for jobs and permanent residency for a better lifestyle in foreigners’ minds. As a result, the country’s job market has become more vital than ever. The opportunity for foreigners’ permanent residence is also increasing. A recent survey says more than 1 million vacancies are in the country. As of May 2021, this number is more than three hundred thousand. A recent survey shows that Unemployment In Canada Exceeds 1 Million.
By citing a May 2022 survey, it was reported that labor shortages and increasing immigration demand in some industries in the North American country. The reasons for this are being identified as the age of the current workforce and entry into retirement.
Unemployment is low, and job opportunities are plentiful, opening the way for immigrants. According to a report by CIC News, Canada is set to welcome the most significant number of permanent residents in 2022. Canada wants to accept 430,000 immigrants this year. In addition, the North American country will receive four and a half million immigrants in 2024. So overall, now is a fantastic time to apply to become a permanent resident in Canada.
Another survey found that some states have more job opportunities than ever before. For example, in Alberta and Ontario, unemployment was 1.1 per vacancy in April, up from 1.2 in March and 2.4 a year earlier. On the other hand, Newfoundland and Labrador had four unemployed people for every vacancy in April. The professional, scientific, and technical services, transportation and warehousing, finance and insurance, leisure and entertainment, and housing sectors have a record number of vacancies.
To read more Economical news, Please Click Here!