New Immigrants More Likely to Get Jobs than Canadian-Citizens

Several reports over the past few years have shed light on the steps taken by Canada to increase the number of immigrants migrating to the country for higher studies and work purposes. The latest consensus, backed by a study by Desjardins, reveals that Canada is projected to welcome nearly 1.45 million immigrants over the next 3 years.

The study by Desjardins also shed light on the numerous positive effects of the incoming newcomers on Canada’s economy and society, among which a few have already been witnessed.

According to the report, immigrants are more likely to find themselves employed than their Canadian-born peers, as a result of the demographic disparities. Since the incoming immigrants are like to be within the age group of 24-54 years, the core working age, they are considered to be ideal to fill up Canada’s labour demands.

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For years, it has been understood the ageing population of Canada has been a challenge for the country, especially since a consistent number of people retire every year. Thus, with an increasing number of immigrants and Canadian-born individuals retiring each year, the rate of employment for immigrants is set to remain high for the foreseeable future.

In addition to the rising immigrant employment rate in Canada, the country is also expected to see a potential boost in its GDP as well. Latest trends have revealed that several immigrants enter the country with a job offer at hand, thus, adding to the expectation of raising Canada’s GDP per capita as a result of the increased hiring and wage growth.

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However, the Desjardin study also highlighted concerns regarding Canada’s ability to handle the new wave of immigrants. The report spoke about the “cyclical pattern seen in immigrant unemployment in Canada”, further stating the spikes are witnessed every ten years, before decreasing. The study also spoke about the difficulty that immigrants may face when gaining a foothold in the labour market.

Although, with “record-high job vacancies” and a “tight labour market” the chances of newcomers, especially those with in-demand skills and qualifications are favourable for immigrants. Coupled with the highly-attractive immigration system, Canada aims to attract “individuals desirable human capital factors”, to add crucial indicators of a successful labour market.

Source: Livemint