The previous month of July recorded slightly closer to normal i.e. pre-pandemic levels within the Canadian economy. A statistical study was conducted to estimate the trends prevalent within the Maple country’s labor market spanning the week of 11th – 17th of July 2021. Owing to the reduction in positive reports of COVID-19 cases as well as the increasing rates of vaccination being reported all throughout the country, public health measures and restrictions impending on them saw a decline.

Ever since the addition of a whopping 94,000 jobs in the economy during the month of July, the levels have gone just under a whopping 1.3% in stark comparison to those accounted for during February last year. The primary rise was thanks to the service industries reporting a rise in full-time employment which caused the levels to increase. On the other scale, rates of unemployment witnessed a devastating fall to about 7.5% which was reported to be similar to those revealed back in March.

The provinces of Nova Scotia, Prince Edward Island, Ontario as well as Manitoba reported a striking rise in rates of employment.

Recent Immigrants Enjoy Rise in Employability

This study focused on those very recent immigrants indicative of those applicants who successfully entered the country within the previous five years in totality. Ever since the Canadian borders experienced a concrete closure in March 2020, these rates have seen a steady rise.

Due to the population rates of such focus groups has been reducing more quickly than their employment rates, the levels of employability have increased to a great extent for such very recent immigrants. To put it simply, their ease of getting employed has been lower than it was before COVID-19 hit the nation.

A percentage higher in June, this past month recorded an interesting employment rate rise to about 69.1%. A total opposite was recorded for those immigrants who have successfully completed more than 5 years of their stay here in Canada, the rate turning out to be 58.1%.

The count for the very recent immigrants this year has witnessed a reduction quite similar to levels recorded back in 2019 whereby the 4% markup of the labor force was achieved between the duration of January to July.

Plenty of times citizens, as well as overseas interested candidates, mention Canadian immigration to be a well-sorted out and planned strategic move to tend to the nation’s impending economic as well as demographic requirements. The two prime reasons could be traced to the nation’s reduced birthrates and increasing aging population, which when seen as a combinatorial factor indicate a shrinkage of the labor force and a sheer lack of natural growth which could help to overlook the impending losses. If the nation decides to put a stop to these strategic immigration drives, it may fail to compete in an economic sense on an international level as time passes by.

Ever since the Canadian borders were opened for all those approved PRs, travel restrictions started relaxing in the territory. During June, the country opened its wings to accommodate approximately 35,700 novel PRs which was quite higher in comparison to any other pandemic-struck month. The statistics for novel immigrants permitted into the country during July haven’t been announced to the public yet.

Now, with the further easing down of Canadian travel restrictions, a firm and strict eye will be kept over how the incoming immigrants will serve towards aiding the Canadian labor market experience its much-deserved growth.