Saturday, 25 June 2022

Canada needs more immigrants as there are 1 million vacancies.

According to reports, Canada is now facing a labour shortage and needs to fill more than a million positions.

In the 2010s, immigration accounted for more than four-fifths of the growth in the labour force, according to a Statistics Canada report released on June 22. For a long time, settlers have been the country's fundamental wellspring of work.

"The primary source of Canada's labour supply has forever been immigration. Elevated degrees of migration will be considerably more essential to the labour market in late 2021 because of the maturing working-age populace and occupation openings that will be 80% more than they were before the COVID-19 scourge, as per the paper.

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Although a "modest, persistent increase in immigration levels will not fully offset the longer-term repercussions of an ageing population," the research did indicate that this measure would be crucial for decreasing the long-term effects of population ageing on the labour market.

The study states that in 2021, 405,800 immigrants were admitted, which was the greatest number ever. This followed a pause brought on by the epidemic in 2020.

The development also occurs not long after it was claimed that Canada's number of open positions reached a record high.

As businesses start to recover from the COVID pandemic, there were more than one million open positions that might be filled as of March 2022.

The report states that at the start of March 2022, "Canadian employers were actively seeking to fill more than one million (1,012,900) unfilled positions across all sectors, a record level."

"Vacancies grew by 22.6 per cent (+186,400) in the month and were up 60.5 per cent (+382,000) from March 2021 (not adjusted for seasonality)."

LABOR MARKET IMPROVEMENT, PARTLY DUE TO IMMIGRANTS

According to the June 22 report, the development of provincial programmes that depended increasingly on temporary foreign workers (TFW) and the introduction of the Canadian experience class were the main causes of the rise in economic primary candidates who entered the country.

It stated that "a rising share of the hired labour force" were temporary foreign employees.

Canada Occupation in Demand list in 2022

The research states that "the growing dependence on TFWs tended to improve the economic prospects of immigrants."

"In the years before the epidemic, recent immigrants' labour market outcomes significantly improved.

"TFWs and international students, who are both relocating abroad in greater numbers, have grown to be significant sources of labour supply.

"While recent immigrants' economic fortunes have improved, significant problems with utilising their skills have persisted. In order to increase social and economic mobility for newcomers while strengthening the skills and competitiveness of our workforce, these issues must be resolved.

Canada said in February that it wanted to accept 431,645 new permanent residents in 2022 as part of its Immigration Levels Plan 2022–2024.

In order to solve the labour deficit, the nation will also start accepting express entrance applications for permanent residence in July.

Nigerians frequently immigrate to Canada for employment and educational possibilities.

You can also read the latest Canada Immigration News and Draw Updates here. if you are interested in studying abroad then for more info, please click studying in Canada

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