26th, Apr 2024

Canadian employers increased temporary foreign worker recruitment despite high unemployment rates

In 2023, Canadian companies ramped up temporary foreign worker recruitment despite a surge in unemployment.

The Temporary Foreign Worker Program saw a record high of over 81,000 roles filled in Q4 2023, following its 2022 revision.

Around 240,000 job vacancies were filled throughout the year, marking a 7.5% increase from 2022 and doubling the number from 2018.

As a result of this growing reliance on foreign labour, the government is tightening regulations.

The government has set a goal to limit the number of temporary residents to no more than 5% of the total population within the next three years.

#TFWP, #foreign_workers, #unemployment, #labour_shortages, #statistics

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