+91 90725 52111

Canada’s unemployment rate falls to all-time low of 5.2%

Axis Overseas Careers | Best Immigration Consultants and Visa Consultants in Kerala India Canada

Canada’s unemployment charge has fallen to a new all-time low once again.

Statistics Canada reviews it fell to 5.2 per cent in April, down from the preceding file of five.three in keeping with cent that became set in March.
The unemployment charge for human beings elderly 25 to fifty four is even lower, because it stands at 4.3 in keeping with cent, which is likewise the bottom recorded charge ever considering the fact that similar facts have become to be had in 1976.
The unemployment charge amongst immigrants fell to 5.5 in keeping with cent in April, as compared to 5.8 in keeping with cent in March.

It fell throughout the 3 immigrant cohorts suggested through Statistics Canada.

It fell to 7.8 in keeping with cent amongst immigrants who received everlasting house inside the ultimate 5 years, as compared to 8.three in keeping with cent in April.

Among immigrants that received permanent residence among five to ten years ago, it fell to 5.8 in keeping with cent as compared to 6.3 in keeping with cent in March.

Among immigrants that gained permanent residence 10 years in the past or more, it stood at 4.6 in step with cent in April as compared to 4.8 in step with cent in March.

Overall Canada has a traditionally high job vacancy rate with over 800,000 unfilled jobs.

This is ensuing withinside the federal authorities and provinces throughout Canada looking for to ease their Temporary Foreign Worker Program (TFWP) rules.

For instance, Alberta introduced in advance this week it changed into lifting all occupations from a previous “refusal to process” listing it operated to forbid employers from looking for to recruit overseas employees in occupations that had labour surpluses.