labour market – Thinking Port

Ontario to raise wages for early childhood educators to ease labour shortages

November 24, 2023 admin canada employment, canada jobs, immigrate to ontario, job vacancies, labour market, Ontario, provinces, work in Canada

Credit to Author: Julia Hornstein| Date: Fri, 24 Nov 2023 14:00:51 +0000

Ontario is boosting the minimum wage of early childhood educators (ECE) in most licensed child-care centres to $23.86 an hour next year, up from the planned increase of $20. The province hopes the increase will ease shortages that are hindering the growth of the national $10-a-day program. Discover if You Are Eligible for Canadian Immigration […]

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Canada Immigration

Low unemployment and high participation rate indicate persistent job vacancies in Canada

October 16, 2023 admin Canada, canada employment, canada employment rate, canada labour market, canada skilled worker immigration, immigration refugees and citizenship canada, IRCC, labour force survey, labour market, labour shortage, PNP, provinces, provincial nominee program, work in Canada

Credit to Author: Asheesh Moosapeta| Date: Sat, 14 Oct 2023 12:45:12 +0000

Statistics Canada’s latest Labour Force Survey reveals signs of healthy employment, as the country’s economy continues to normalise after the COVID-19 pandemic. In the latest report covering September of 2023, Canada’s unemployment rate—the number of unemployed individuals in the country over the age of 15, divided by the country’s total labour force (population aged 15 […]

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Canada Immigration

Low unemployment and high participation rate indicate persistent job vacancies in Canada

Credit to Author: Asheesh Moosapeta| Date: Sat, 14 Oct 2023 12:45:12 +0000

The post Low unemployment and high participation rate indicate persistent job vacancies in Canada first appeared on CIC News.

Canada Immigration

The trends of immigrant employment in Canada

October 2, 2023 admin employment, jobs, labour force, labour market, life in canada, statistics canada, work in Canada

Credit to Author: Asheesh Moosapeta| Date: Mon, 02 Oct 2023 13:00:12 +0000

Canada’s workforce is one of the most skilled in the world—due not just to excellent educational institutions within the country, but also because of highly skilled newcomers who arrive to Canada annually and drive growth in the labour force. However, how successful are newcomers at finding employment in Canada, in the short, medium, and long-term? […]

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Canada Immigration

House prices rise in Canada as interest rates remain high

July 9, 2023 admin bank of canada, buying a home in canada, Canada, canada skilled worker immigration, immigration, Inflation, interest rate, interest rate hike, labour market, labour supply and demand, statistic canada

Credit to Author: Edana Robitaille| Date: Sun, 09 Jul 2023 13:00:03 +0000

The cost of buying a home in Canada has gone up slightly according to the most recent data from Statistics Canada. The recently released New Housing Price index shows that on average, prices increased 0.1% month-over-month in May, the first increase since August 2022. It further showed that prices were up in six of the […]

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Canada Immigration

The role of the Bank of Canada and how it impacts newcomers

June 15, 2023 admin bank of canada, Canada, canada skilled worker immigration, immigration, Inflation, interest rate, interest rate hike, labour market, labour supply and demand, life in canada

Credit to Author: Edana Robitaille| Date: Thu, 15 Jun 2023 12:01:34 +0000

The Bank of Canada (BoC) has raised interest rates to their highest level since 2001. The overnight lending rate is now 4.75%, which is 25 basis points higher than it was at the previous increase in January this year. The BoC started raising rates in July 2022 when it went from 1.5 % to 2.5%. […]

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Canada Immigration

Bank of Canada holds interest rates steady: Why that’s good for newcomers

April 18, 2023 admin bank of canada, Canada, canada skilled worker immigration, immigration, Inflation, interest rate, interest rate hike, labour market, labour supply and demand

Credit to Author: Edana Robitaille| Date: Tue, 18 Apr 2023 13:00:17 +0000

On April 12, the Bank of Canada (BoC) announced that it would hold interest rates steady at 4.5%. Interest rates have stayed at 4.5% since January this year, following several increases over the latter half of 2022. This rate is still high, but the absence of an increase in interest rates and the declining rate […]

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Canada Immigration

The Bank of Canada just raised interest rates again. What does this mean for newcomers?

February 2, 2023 admin bank of canada, Canada, canada skilled worker immigration, immigration, Inflation, interest rate, interest rate hike, labour market, labour supply and demand, settle

Credit to Author: Edana Robitaille| Date: Thu, 02 Feb 2023 13:00:02 +0000

The Bank of Canada (BoC) recently announced another rise in interest rates, up to 4.5%, or up 25 basis points from 4.25% on December 7, 2022. While this is the smallest rise in interest over the past year, interest rates will stay high for the foreseeable future making larger spending more difficult than previous years. […]

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Canada Immigration

IRCC considering Express Entry draws based on occupations, and other categories

January 12, 2023 admin Canada, canada ita, CRS, Express Entry, immigration, International students, IRCC, job vacancies, jobs, labour market, pgwp, temporary residence

Credit to Author: Edana Robitaille| Date: Thu, 12 Jan 2023 14:05:56 +0000

Immigration, Refugees and Citizenship Canada (IRCC) recently held consultations with the public and stakeholders to adapt the Express Entry application management system to better target Canada’s economic needs and labour shortages. The department plans to do this by creating Express Entry categories that target key attributes such as educational credentials, work experience, or knowledge of […]

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Canada Immigration

Canadian job vacancies down more than 44,000 in October 2022

January 11, 2023 admin Canada, employment, job vacancies, jobs, labour market, october 2022, pay, payroll employment, statistics canada, stats canada, statscan

Credit to Author: Vimal Sivakumar| Date: Wed, 11 Jan 2023 13:00:53 +0000

On December 22, Statistics Canada released its latest monthly report on payroll employment, earnings and hours, and job vacancies for October 2022. The section of this report that addresses national job vacancies revealed that Canada hit a 15-month low in total job vacancies in October. Total job vacancies down to 871,300 across Canada Job vacancies […]

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