Employment Grows Faster For New Immigrants, Statistics Canada Reports

Canada Global(Web News)After years of disparity, new immigrants to Canada are now seeing faster employment growth than their Canadian-born peers, Statistics Canada’s Economic and Social Report has revealed.

In addition to increasing employment, new immigrants to Canada (ages 25-54) are now narrowing the employment gap between themselves and their Canadian peers and contributing disproportionately to Canadian innovation and business ownership.

abor Market Outcomes for Immigrants in Canada Continue to Improve

Since the early 2010s, immigrants in Canada have seen an upward trend in their labor market outcomes.
Recent immigrants aged 25-54 saw their employment rate increase by 10.7% between 2010 and 2023. Employment growth among Canadian-born workers during the same period was 4.1 percent.
The gap in employment rates between these groups has narrowed

dramatically over the past 10 years. In 2010, the employment rate gap between recent immigrants and the Canadian-born population was 13.1%. The gap was just 6.5% in 2023, indicating that newcomers as a group are on track to outpace their Canadian-born peers in finding and securing employment in Canada.

Furthermore, the unemployment rate gap has also narrowed when comparing the two groups. For recent immigrants in the age group studied, the unemployment rate decreased from 12.1% in 2010 to 6.6% in 2023—closer to the unemployment rate gap between recent immigrants and Canadian-born workers. reduced to only 2.6%.

Immigrants also showed a rapid recovery after the COVID-19 pandemic, where they as a group suffered significant employment setbacks, particularly in the accommodation, food services, and retail trade sectors. Employed were prominent. However, when comparing the gap in employment rates between Canadian-born workers and recent immigrants, the gap was lower than pre-2019 pandemic levels—indicating that between 2020 and 2023 the most recent Employment growth among immigrants was particularly strong.

March 22, 2024