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Canadian job vacancies continue climbing to new record heights in June

CIC News Canadian job vacancies continue climbing to new record heights in June Statistics Canada recently released its monthly update on payroll employment, earnings and hours, and job vacancies for June 2022. The job vacancies portion of this update revealed that Canada had over 1,000,000 job vacancies in May of this year. Discover if You Are…

Study: Immigration to drive Canada’s population increase into 2068

CIC News Study: Immigration to drive Canada’s population increase into 2068 Statistics Canada has released its projections for Canada’s population growth spanning the next 47 years. The report states that by 2068, in a medium growth scenario, Canada’s population could reach up to 57 million people, largely driven by increased immigration. During this period between…

Canada’s high job vacancy rate means immigration will be even more critical to the labour market in the future

CIC News Canada’s high job vacancy rate means immigration will be even more critical to the labour market in the future Canada’s unemployment rate is at a record low of 5.1%, resulting in significant worker shortages. Job vacancies are more than 80% higher than they were pre-pandemic. These vacancies are in large part due to…

Canada’s unemployment rate down to record-low 5.1%

CIC News Canada’s unemployment rate down to record-low 5.1% Canada’s unemployment rate hit a new record-low of 5.1%, the lowest point it’s been since comparable data became available in 1976. Statistics Canada reported in its most recent Labour Force Survey that the labour force gained 39,800 jobs in May, mostly in full-time work. More than…

How Canada’s new NOC will affect Express Entry eligibility

CIC News How Canada’s new NOC will affect Express Entry eligibility Details of how the updated National Occupation Classification (NOC) system will affect Express Entry eligibility have been released. NOC 2021 will come into effect in November 2022. A total of 16 occupations will become eligible for Express Entry, and three will become ineligible, according…

Unemployment rate among Canadian immigrants at historic low

CIC News Unemployment rate among Canadian immigrants at historic low The unemployment rate for immigrants who landed in Canada within the past five years was at a record low according to Statistics Canada’s March Labour Force Survey. The newly-released report captured Canada’s labour market conditions during the week of March 13 to 19. During the…

Canada nears record-low unemployment rate in February

CIC News Canada nears record-low unemployment rate in February Canada’s labour force made a full recovery in February as Omicron-related public health measures lifted in several provinces. Statistics Canada measured Canada’s labour market performance during the week of February 13 to 19. After public health measures were tightened in December and January, many had been…

Canada’s job vacancies reach record high in Q3 2021

CIC News Canada’s job vacancies reach record high in Q3 2021 Canada had an all-time high of 912,600 job vacancies in the third quarter of 2021, according to a new Statistics Canada report. This occurred as Canada’s economy continued to recover amid the easing of public health restrictions. The record-high level of job vacancies was…

Immigrant wages in Canada are on the rise: study

CIC News Immigrant wages in Canada are on the rise: study Immigrant wages have been trending up in recent years, according to a new Statistics Canada study. Immigrants who became permanent residents in 2018 had a median wage of $31,900 reported in 2019, which is the highest among all groups of immigrants who came to…

Canada had more than 1 million job vacancies in September

CIC News Canada had more than 1 million job vacancies in September Canada’s economy continues to recover from the coronavirus pandemic, according to a new Statistics Canada report. A total of 91,100 people were added to payrolls across Canada in September, representing the fourth straight monthly increase. Payroll employment increased in eight provinces. Ontario led…