Canada employment increase by 55000 in December 2021



According to the latest numbers released by Statistics Canada, the number of people employed rose by 55000 in December, but there was a shortage of job seekers and self-employed workers.

Labour shortages have been a persistent problem in Canada for a number of years now, and the latest numbers from Statistics Canada show that the situation is only getting worse. The number of people employed rose by 55000 in December, but there was a shortage of job seekers and self-employed workers. This means that companies are struggling to find the workers they need, and it’s only going to get worse as the population continues to age.

Canada’s working-age population has been falling since the 1990s, and future projections expect this to continue. If no measures are taken, Canada will lose a significant portion of its working-age population by 2050.

As per a recent CNN story, Canadian businesses are beginning to accommodate the unvaccinated as a result of labor shortages. Airlines, police forces, school boards and even Canada’s Big Five banks have also pledged strict mandatory vaccine policies. But following through has proven less straightforward, especially as employers grapple with staffing shortages and workers demand exemptions.

According to results of a study released by the Business Development Bank of Canada (BDC), a Crown corporation that aids entrepreneurs, 55 percent of small and medium-sized enterprises in Canada are having difficulties finding employees, which is restricting development and forcing firms to postpone or cancel new orders.

Canada’s immigration system is designed to fill labour shortages, and yet the current system is not keeping up with the demand for essential workers.

Interested in Canada immigration, visit our website https://www.isaglobal.in/

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