According to the Labour Force Survey
conducted by Statistics Canada, a larger proportion of core-aged entrants were
working than before the outbreak.
Employment in Canada climbed by 55,000 in
December, while unemployment remained constant.
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Statistics from December 5 to 11, the Labour
Force Survey of Canada analysed economic conditions in Canada. The reference
week fell exactly when the Omicron variety became popularity in Canada, leading
in an uptick in cases. The public health indicators were comparable to November
during the reference week. The Coronavirus forced the closures shortly after.
Just before public health measures were intensified in December, more people were working full-time. The majority of the new jobs were created in the province of Ontario. Advances were made across the country as a result of the construction and education industries.
In comparison to November, when unemployment was at 6%, unemployment has
dropped to 5.9%. In February 2020, Canada's unemployment rate was 5.6 percent,
prior to the pandemic.
Newcomer employment
is higher than it was before to the pandemic.
Due to foreign travel restrictions earlier in the pandemic, the number
of very recent immigrants (those who arrived within the past five years) has
just risen to pre-pandemic levels. A total of 5,000 more very recent immigrants
of working age were recorded in December than two years earlier, a growth of
0.6 per cent.
The fraction of core-age very recent immigrants climbed by 7.8
percentage points to 78.7% in the two years ending in December 2021, the
largest employment increase occurred in professional, scientific, and
technology services (up 26,000 jobs, or 31.3 per cent), as well as wholesale
and retail commerce (up 20,000 jobs, 28.7 per cent ).
According to Statistics Canada, the large growth in both industries
demonstrates the relevance of both higher-skilled and lower-skilled professions
in the integration of immigrants into the labour market. Professional,
scientific, and technical services are "high-skilled" jobs, whereas
retail trade jobs like cashiers are "low skilled," according to the
National Occupational Classification (NOC). High-skilled employees are
prioritised under Canada's main immigration route, Express Entry.
Within the
core-aged group, the employment rate for immigrants who came more than five
years ago was above 83 per cent in December. During the same time span, 86 per
cent of core-aged Canadian-born employees were employed. In the previous two
years, these figures haven't altered significantly.
Year each year, the employment rate of visible
minorities grows.
The employment
rate for visible minorities was over 71 per cent in December 2021, up four
percentage points from 2020. Employment among white Canadians climbed by two
percentage points to over 71 per cent, while both groups had equal employment
rates, visible minority groups had faster job growth. Employment rates
increased for several of Canada's most visible minority groups, including
Southeast Asians, Blacks, and Filipinos. The rate of Chinese Canadians did not
change significantly from year to year.
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