Johnson Varughese’s Post

Canada experienced rapid employment growth for new immigrants Statistics Canada reports that new immigrants in Canada are now experiencing faster employment growth than their Canadian-born peers, closing the employment gap. Immigrants aged 25-54 have seen a 10.7% increase in employment rate from 2010 to 2023, while Canadian-born workers saw a 4.1% increase. The employment rate gap dropped from 13.1% in 2010 to 6.5% in 2023. Unemployment rates for immigrants also decreased from 12.1% in 2010 to 6.6% in 2023. Immigrants recovered faster from COVID-19 employment setbacks, especially in the accommodation, food services, and retail sectors. Immigrants are also contributing more than one-third of all patents and increasing their participation among investors in Canada despite making up only a quarter of the population. #Statistics_Canada, #employment, #statistics, #unemployment

Canada experienced rapid employment growth for new immigrants Statistics Canada reports that new immigrants in Canada are now experiencing faster employment growth than their Canadian-born peers, closing the employment gap. Immigrants aged 25-54 have seen a 10.7% increase in employment rate from 2010 to 2023, while Canadian-born workers saw a 4.1% increase. The employment rate gap dropped from 13.1% in 2010 to 6.5% in 2023. Unemployment rates for immigrants also decreased from 12.1% in 2010 to 6.6% in 2023. Immigrants recovered faster from COVID-19 employment setbacks, especially in the accommodation, food services, and retail sectors. Immigrants are also contributing more than one-third of all patents and increasing their participation among investors in Canada despite making up only a quarter of the population. #Statistics_Canada, #employment, #statistics, #unemployment

Canada experienced rapid employment growth for new immigrants Statistics Canada reports that new immigrants in Canada are now experiencing faster employment growth than their Canadian-born peers, closing the employment gap. Immigrants aged 25-54 have seen a 10.7% increase in employment rate from 2010 to 2023, while Canadian-born workers saw a 4.1% increase. The employment rate gap dropped from 13.1% in 2010 to 6.5% in 2023. Unemployment rates for immigrants also decreased from 12.1% in 2010 to 6.6% in 2023. Immigrants recovered faster from COVID-19 employment setbacks, especially in the accommodation, food services, and retail sectors. Immigrants are also contributing more than one-third of all patents and increasing their participation among investors in Canada despite making up only a quarter of the population. Contact Solutions Line Immigration for more! Call us at +1 289 637 1287 email us at [email protected] #canadaimmigration #canada #immigration #visit #visitcanada #canadapr #canadavisa #toronto  #immigrationlawyer #visa #Statistics_Canada, #employment, #statistics, #unemployment

Great news for Canada's future! Statistics Canada reports immigrants are outpacing Canadian-born workers in employment growth. Here's why you should be excited: Double the Growth: Immigrants aged 25-54 saw a whopping 10.7% increase in employment rates since 2010, compared to just 4.1% for Canadian-born workers. Gap Shrinking: The employment gap is narrowing fast, dropping from 13.1% to 6.5%. Resilient Recovery: Immigrants are bouncing back stronger from COVID-19 job losses, especially in crucial sectors like hospitality and retail. Innovation Powerhouse: Over one-third of all patents in Canada come from immigrants! Investor Power: Immigrant participation as investors is on the rise, fueling Canada's economic growth. Immigrants are a quarter of Canada's population, but contributing far more than their share! Let's celebrate their incredible impact. Call Us At: +1 416-891-0909 OR Visit Our Website: vcicimmigration.com . . . #OntarioImmigrantNomineeProgram #OINP #EntrepreneurStream #NovaScotiaEntrepreneurStreams #StartUpVisaProgram #SUVProgram #CanadianLaborMarket #StudyPermit #IMPWorkPermitStreams #PostGraduationWorkPermit #IECHolders #FrenchLanguageSpeakers #OntarioImmigrationAdjustments

As Canada grapples with a cooling economy, recent immigrants are finding themselves at the sharp end of a tightening job market. A new report from Statistics Canada paints a concerning picture of the employment landscape for newcomers, highlighting a growing disparity between recent immigrants and Canadian-born workers. https://lnkd.in/ez5Mi4tY #canadaimmigration #workincanada #immigrants #canada #aaip #canadapr #ircc #statisticscanada #jobmarket

As Canada grapples with a cooling economy, recent immigrants are finding themselves at the sharp end of a tightening job market. A new report from Statistics Canada paints a concerning picture of the employment landscape for newcomers, highlighting a growing disparity between recent immigrants and Canadian-born workers. https://lnkd.in/gDTntmCF #canadaimmigration #workincanada #immigrants #canada #aaip #canadapr #ircc #statisticscanada #jobmarket

Statistics Canada reports that new immigrants are catching up and exceeding employment rates of their Canadian-born counterparts! Here's the breakdown: Immigrants aged 25-54 saw a whopping 10.7% increase in employment rates since 2010, compared to just 4.1% for Canadian-born workers. The employment gap between the two groups narrowed significantly, dropping from 13.1% to 6.5%. Immigrant unemployment rates are also down, falling from 12.1% to 6.6% in the same period. ⬇️ Immigrants are leading the recovery! 🇨🇦 They bounced back faster from COVID-19 job losses, particularly in key sectors like hospitality and retail. ️ And that's not all! Immigrants are driving innovation, contributing over a third of all patents filed in Canada. They're also increasingly becoming investors, boosting the Canadian economy. For more info Call Now: +1 647-518-7385 OR Visit Our Website: charukapoorimmigration.com . . . #StartUpVisa #EntrepreneurshipCanada #BusinessIncubator #InvestorMatch #BusinessDevelopment #ImmigrationCanada #BritishColumbia #StudyInBC #InternationalStudents #StudyAbroad #BritishColumbiaEducation #SpousalSponsorship #OpenWorkPermit #AmericanEntrepreneurs #ImmigrantRetention #CanadaImmigration #QuebecImmigration #TemporaryForeignWorkers #InnovationCanada #CanadianBusiness #JobCreationCanada

As Canada grapples with a cooling economy, recent immigrants are finding themselves at the sharp end of a tightening job market. A new report from Statistics Canada paints a concerning picture of the employment landscape for newcomers, highlighting a growing disparity between recent immigrants and Canadian-born workers. https://lnkd.in/ez5Mi4tY #canadaimmigration #workincanada #immigrants #canada #aaip #canadapr #ircc #statisticscanada #jobmarket

📉 Recent Immigrants Face Job Market Struggles in Canada 🇨🇦📊 🚨 Unemployment Spike: Recent immigrants’ unemployment rate hit 12.6% in June, up 4% from last year. Canadians born here have a much lower rate at 5.5%. Youth unemployment is at 13.6%, the highest since spring 2016. 🔄 The disparity between recent immigrants and native-born is the widest since August 2014. 🌍 Strong immigration has increased the number of job seekers.  “The labour market is solid for those who have jobs, but extremely tough for job seekers”..  Link: https://lnkd.in/gu3McaYn  #CanadaJobs #Immigration #Unemployment #JobMarket #NewcomersInCanada  ——————————————— 📌 If you believe your VISA application should be showcased in the most favourable light when submitting to immigration, feel free to book our services through the provided link in the Bio. 📌 To book an appointment with Kubeir - Licensed Canadian Immigration Consultant, click the “Book Appointment” link on the Bio. 📲 You may also reach us at this number for all the immigration-related services: (+𝟭) 𝟰𝟯𝟳-𝟳𝟳𝟳-𝟯𝟳𝟳𝟳 (Canada), +971 45 26 4646 (Dubai). 📲 ——————————————— #Canadaimmigrationexpert #AskKubeir #immigrationconsultant

The employment rate of newcomers to Canada is catching up to that of Canadian-born workers. Between November 2010 and November 2022, the employment rate for new immigrants increased by 12.7%, compared to a 4.2% increase for Canadian workers. 🔍The most recent Labor Force Survey shows that the smallest employment rate gap between the two groups occurred in December 2021, with newcomers achieving a 79.6% employment rate, while Canadian-born workers had an 85.8% rate.  ✅Currently, the employment rate for newcomers is 76.3%, compared to 85.9% for Canadians. This reflects a significantly reduced gap compared to past years. For instance, in 2006, the employment rate gap between the two demographics was nearly 17%. Factors contributing to this include expanding the two-step immigration process, changes to Canada's immigration selection process, and a strong Canadian labour market. The employment rate increases the longer an immigrant has been in Canada. Employment rates were the highest since 2019 for those who had been in Canada between 5-10 years and for at least ten years. Wish to apply? ☎️ Call +1(613) 769-7689 or 🗓book an appointment via our bio page!!! #canada #CanadaPR #permanentresident #CanadaImmigration #ImmigrateToCanada #CanadaVisa #MoveToCanada #CanadianImmigrant #CanadaLife #WorkInCanada #ImmigrationConsultant#VisaConsultancy #ImmigrationAdvice #ImmigrationExpert #ImmigrationLawyer #CanadaSponsorship #expressentry #WEICS #weics #Westernempire #Express_Entry, #IRCC, #Miller #newcomers, #employment, #statistics, #labour_market #canadianjobs