1. Employment in Canada continues to grow to a record high

For 3 consecutive months (April-June 2022), Canada's total additional workforce has exceeded 1 million.

Compared to the previous month, it increased by 3.2%, equivalent to 32,200 additional jobs across the country. With June's employment rate of 5.9% - an increase of 1% compared to June last year, and equivalent to the record high in September 2021.

2. Top 3 sectors with high underemployment rate

Leading in the groups of fields that need a lot of personnel is the accommodation and food service industry with 171,700 vacancies in June, an increase of 6.6% compared to May of the same year and 38.8% over the same period last year. last year.

In addition, employment in Canada in the health care and social assistance sectors has increased by 40.8% since June last year. There were 149,700 unfilled jobs in June and the underemployment rate was 6.3%, 0.4% higher than the total employment rate across the country.

The retail trade added 15.3% (about 15,200) jobs for prospective employees, coming in at third place. Employment in Canada in this industry has increased by 22.5% since June 2021, with a total of 114,400 open and available positions — equivalent to a recruitment rate of 5.4%.

The accommodation and food service industry has a remarkably high employment rate

3. Immigration opportunities for foreigners under employment in Canada

Statistics Canada's latest report shows that the unemployment-to-employment ratio was at a record low of around 1.0 in June (meaning 1 unemployed person for every vacant position). And there are 4 provinces with this ratio below 1.0.

These are Quebec (0.6), British Columbia (0.7), Saskatchewan (0.8) and Manitoba (0.9). On the other hand, Newfoundland and Labrador had the highest rate (2.7) of any province during this reporting period.

Compared to June of last year, the unemployment rate continued to decrease, which means that the vacancies increased. To address this, Canada will be looking at immigration as a method to add to the country's workforce, with the government's goal to invite the largest number of potential permanent residents ever. 2024 (including annual targets of 430,000 to 450,000 or more).

Canada will consider immigration options to add to the workforce

---

iCanfield Vietnam Immigration & Study Abroad Consulting Company .

Address: 93 Nguyen Du, Ben Nghe Ward, District 1, HCMC

Hotline: 028.3822.0285