The employment rate for immigrants continues upward trend
Statistics Canada’s Labour Force Survey suggests an upward trend in employment rates for immigrants who have been in Canada for more than five years. According to the data, the employment rate is 6.1 percentage points higher than in August 2019.
“The employment rate was 58.5% in August, down 1.5 percentage points compared with August 2019.”
Remember that in July, the employment rate for recent immigrants* reached 5.3 percentage points higher than in July 2019. At the time, the data suggest that this trend was influenced by a drop in the number of newcomers since February 2020. Of course, this is a direct result of COVID-19 travel restrictions.
Growth of jobs in Canada: 90,000 jobs in August
Employment rose by 90,000 (+0.5%) in August. This is the third consecutive month that jobs increase in Canada. Similar to the previous month, Canada’s Labour Force Survey data reflect gains in full-time work. Especially in services-producing industries, and specifically in the accommodation and food services industries.
Also, employment was up in Ontario, Alberta, Saskatchewan, and Nova Scotia. All other provinces had little or no change.
Unemployment rate at the lowest level since February 2020
Long-term unemployment dropped almost 7 percent in August, but still remained above pre-pandemic levels.
“The adjusted unemployment rate—which includes those who wanted a job but did not look for one—was 9.1% in August, down 0.4 percentage points from one month earlier.”
* Statistics Canada refers to immigrants who have landed within the past five years as “very recent immigrants”. This means that immigrants are not necessarily getting employed more often than they were in pre-pandemic times. The numbers in this group have taken a hit since the border closed in March 2020. If you would like to see the full report, you can access it through statistics Canada.
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