The Canadian job market experienced a slight decline in the second quarter of 2023, but it is still relatively tighter than pre-COVID levels, as reported by Statistics Canada. Job vacancies decreased, while the number of unemployed persons increased by 44,300.
The unemployment-to-job vacancy ratio increased to 1.4, from 1.3 in the previous quarter to 1.1 in the second quarter of 2022.
Despite this softening, the proportion remains below pre-pandemic levels, typically above 2.0.
Wage growth also decelerated, with average hourly wages increasing by 4.4% year-over-year in the second quarter, compared to 5% in the previous quarter.
#Statistics_Canada, #statistics, #labour_market_Canada
September 25, 2023
September 25, 2023
Most Canadians expected IRCC to open the Parents and Grandparents Program (PGP) for new sponsors in 2023, but they were disappointed when the program remained closed to new participants.
The new round of the PGP will open on October 10, 2023, inviting 24,200 prospective sponsors to apply.
Immigration, Refugees and Citizenship Canada (IRCC) aims to accept 15,000 complete applications, but PGP 2023 is not open to new sponsors.
This is the third year that IRCC only considers sponsors who applied in 2020. Canada's Immigration Levels Plan for 2023 aims to welcome 465,000 new permanent residents, including 28,500 parents and grandparents.
By 2025, Canada plans to increase its target to 500,000 newcomers, with 36,000 spots reserved for parents and grandparents.
#IRCC, #PGP, #sponsorship, #parents_and_grandparents
September 23, 2023
According to a recent Nanos poll, most Canadians (53%) believe the government's plan to accept 465,000 new permanent residents is too high.
This is a significant shift from a few months ago when only 34% of Canadians thought immigration was too high. Canada has traditionally been pro-immigration, but there seems to be a changing sentiment due to the recent increase in immigration levels.
In 2014, Canada welcomed 260,404 new permanent residents, which was considered high.
However, last year, immigration reached 437,180, and when accounting for non-permanent immigration, the Canadian population increased by over one million.
This represents a 2.7% annual rise in population, offsetting any per-capita benefits from Canada's GDP growth.
#Statistics, #immigration_levels, #Immigration_to_Canada
September 23, 2023