The Labour Force Survey for May 2022 indicates a growing labour shortage in a number of industries and an increased demand for immigration to Canada.
In Canada, there are more than 10 lakh vacant jobs. The number of vacancies has increased since May 2021 by over 3 lakh.
The Labour Force Survey for May 2022 indicates a growing labour shortage in a number of industries and an increased demand for immigration to Canada as the country’s workforce ages and enters retirement.
This, in turn, is leading to a high job vacancy rate. Canada is currently preparing to welcome its biggest ever number of permanent residents in 2022 — the target is 4.3 lakh. By 2024, the target would have risen to over 4.5 lakh, a CIC News report stated.
In such a scenario, where unemployment is low and job openings are plentiful, immigrants have the chance to fill open positions.
Therefore, this could be a great opportunity for you if you want to use Express Entry to apply for permanent residency in Canada.
According to another survey, there are now more available posts than ever before in certain states.
In Alberta and Ontario, there were 1.1 unemployed people for every open position in April, down from 1.2 in March and 2.4 from a year earlier.
For every position vacant in Newfoundland and Labrador, there were roughly four unemployed people.
Professional, scientific, and technical services, transportation and warehousing, finance and insurance, leisure and recreation, and real estate all saw record-high vacancies.