Canada regains position with 90,000 jobs in August

Statistics Canada’s Labor Force Survey suggests Canada’s economy is on the path of moving upwards. The employment level of Canada spiked by 90,000 in August. The number of people employed in Canada almost caught up to pre-pandemic levels in August. These gains from August and the months prior brought Canada’s employment up to just 156,000 employees short of February 2020 levels, which is the closest it has come to pre-pandemic levels.

The reflection of labor market conditions during the week of August 15 to 21 is established by Statistics Canada’s data. By this time, most regions in Canada had rolled back public health measures to near-final stages. Along with it, the border had opened up to fully vaccinated tourists from the U.S. For the first time since March 2020, the tourism industry could expand to individuals from the States.

Employment increases were mainly in services-producing industries, mostly in accommodation and food services. The information, culture, and recreation industry also saw significant gains. The number of people working in construction increased for the first time since this past March. Employment was up in Ontario, Alberta, Saskatchewan, and Nova Scotia. All other provinces had little or no change.

Unemployment was at its lowest rate since the onset of the pandemic at 7.1 percent, though the rate for visible minorities was little changed for the second month in a row. Long-term unemployment dropped almost 7 percent in August but remained 120 percent above pre-pandemic levels. To learn more about the employment opportunities and vacancies available in various sectors and other immigration updates connect with us at Vashist Immigration, our licensed consultants will help you with your queries.

Recent immigrants witness up-trending employment rate

Immigrants who landed in Canada within the past five years continued to see an upward trend in employment to nearly 70 percent, more than six percentage points higher than August 2019. Part of the reason for this is due to the reduced number of new immigrants admitted in 2020. Those who have been in Canada for more than five years had an employment rate of nearly 59 percent, down one and a half percentage points year over year.

Visible minorities witness Employment

In August, the employment rate increased almost five percentage points among Filipino Canadians to about 78 percent. Employment for Black Canadians was down about four percentage points to nearly 72 percent. White Canadians were employed at a rate of almost 71 percent, little changed from the month before.

Prospective career opportunities waiting for you in Canada

Canada is a destination that welcomes people from across the globe every year. If you have ever dreamt of building a prosperous career then Canada is the perfect place to be in. There are a plethora of opportunities for enhancing your career. Along with your career, you’ll enjoy a lifestyle that you have always desired. The country can turn your dream into reality. The array of amazing benefits come along with living and working in Canada like universal healthcare and education, a socially progressive government, high quality of life, and a glorious natural environment.

There are certain skills that are critical to Canada’s economy like Science, Technology, Engineering, and Math (STEM). Every year Canada accepts thousands of software engineers, information systems analysts, computer programmers, financial auditors, accountants as well as professionals in sectors like advertising, marketing, and public relations.

If you are in the IT sector then you can easily join the leading Information Communication and Technology (ICT) companies across Canada especially in Vancouver and Toronto which are the hub of Information and technology and have become the Silicon Valley of Canada. If you work in Canada’s thriving ICT sector, you can earn a substantial salary and have a comfortable life.

If you have the skill set to, set up manage, or buy a business in Canada then you have made the right decision. Canada has been rated as one of the best countries for start-up businesses. Research and Development start-ups get significant tax relief and their investors can claim up to 50% of their investment back from the government. The first step would be to find venture capital or angel investor group in Canada to invest in your business plan, and you’re on your way.

The established business owners can be interested in the Provincial Nomination Program (PNP). Each of Canada’s 13 provinces and territories has its own entrepreneur and investor visa categories that cater to every type of business venture. Various people like farmers, restaurateurs, business consultants, and sustainable business owners all over the world migrate to Canada, due to the stable government, fair tax measures, government incentives, low cost of living, and a very favorable exchange rate.

Not just businessmen, Canada is one of the most popular destinations for students in the world. Around 642, 000 international students enrolled in universities and colleges across Canada in 2020. It is an incredible opportunity for international students to graduate with world-recognized qualifications from some of the leading Canadian universities and colleges in the world and they get to stay and work in Canada after graduation with Post-Graduate Work Permits (PGWP).

The graduates can begin a promising career by working for any company, employer, and in any province and city in Canada. Students can also complete internships and receive full-time jobs and can apply for permanent residency in Canada.

Canada is definitely famous for cities like the glamorous Montreal, Toronto, and Vancouver that have a wide range of careers you can be a part of. However, Canada’s underrepresented Maritime Provinces also welcome newcomers through a special immigration category called the Atlantic Immigration Pilot. The objective of the Pilot is to increase economic activities in these regions and expand the infrastructure to create an opportunity for new investments.

With the help of the Atlantic Immigration Pilot, you can secure a great job from one of the designated employers in Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland, and Labrador and thereafter apply for permanent residency to live and work in seaside Canada. These regions are essentially smaller cities with tight-knit communities, big primary industries, and friendly and warm residents. Don’t miss out on the golden opportunities that Canada has to offer and experience the life that will be fulfilling in all, aspects.

Applying for a visa to immigrate to Canada can be at times very tedious and confusing. When you have to comply with strict deadlines, procedures, and requirements, you can easily make a mistake that could cost you your chance to immigrate to Canada. But with the guidance and assistance of our team at Vashist Immigration, who is one of the knowledgeable Regulated Canadian Immigration Consultants (RCIC’s), you will experience a stress-free process.