{"id":3314,"date":"2024-06-18T16:50:23","date_gmt":"2024-06-18T13:50:23","guid":{"rendered":"https:\/\/mvgroup.com.ua\/condition-of-labour-market-in-canada-may-2024\/"},"modified":"2024-06-18T16:50:23","modified_gmt":"2024-06-18T13:50:23","slug":"condition-of-labour-market-in-canada-may-2024","status":"publish","type":"post","link":"https:\/\/mvgroup.com.ua\/en\/condition-of-labour-market-in-canada-may-2024\/","title":{"rendered":"Condition of Labour Market in Canada: May 2024"},"content":{"rendered":"<p style=\"font-weight: 400;\">Temporary residents of Canada have the opportunity to find a job in various sectors of the Canadian economy, which is characterised by dynamism and stability of development. The majority of temporary residents of Canada subsequently obtain PR status in Canada through employment (economic <a href=\"https:\/\/mvgroup.com.ua\/en\/immigration-to-canada\/\">immigration programmes to Canada<\/a>). Despite the instability in the world, the Canadian economy continues to attract foreigners to work with the status of a temporary resident inCanada.<!--more--><\/p>\n<p style=\"font-weight: 400;\">In May 2024, the Canadian labour market was replenished with 27,000 new full-time vacancies. The increase was 0.1%. There were also 62,000 new part-time vacancies. Over the same period, job losses amounted to 36,000. Overall, the labour market situation in Canada is stable, with the unemployment rate at 6.2% (up 0.1% month-on-month).<\/p>\n<p style=\"font-weight: 400;\">The leading provinces with job growth are Ontario, where 60,000 jobs were added; Manitoba, where 7,800 jobs were added; and Saskatchewan, where 5,400 jobs were added. For the first time in more than six months, the number of jobs in Alberta decreased by 20,000.<\/p>\n<p style=\"font-weight: 400;\">Moderate growth in the number of job openings in Canada is being matched by a small number of job seekers in the domestic Canadian labour market. The most vulnerable sectors of the Canadian economy are those that rely on temporary residents of Canada who come from other countries. On 21 March 2024, plans were announced to reduce the number of temporary residents of Canada to 5% of the population.<\/p>\n<p id=\"onclick-widget\"><a class=\"wp-block-button__link\" href=\"#\">Free consultation<\/a><\/p>\n<p style=\"font-weight: 400;\">As a result, new vacancies in retail, transport, healthcare and social services, food processing, as well as farming and construction are now in question. These are the industries that allowed thousands of foreigners to move to Canada with temporary resident status, work steadily and obtain PR status in Canada in the future.<\/p>\n<p style=\"font-weight: 400;\">In 2023, the Government of Canada issued more than 60,000 LMIAs to potential temporary residents of Canada who were employed from abroad. For thousands of foreigners, employment under Work Permit in Canada as Temporary Residents is the main way to further obtain PR status in Canada.<\/p>\n<p style=\"font-weight: 400;\">The number of LMIAs according to the most popular vacancies:<\/p>\n<p style=\"font-weight: 400;\">farm workers \u2013 8,289;<\/p>\n<p style=\"font-weight: 400;\">cooks, food service supervisors, attendants and kitchen helpers \u2013 11,502;<\/p>\n<p style=\"font-weight: 400;\">administrative workers &#8211; 2,609;<\/p>\n<p style=\"font-weight: 400;\">IT specialists &#8211; 2,301;<\/p>\n<p style=\"font-weight: 400;\">truck drivers &#8211; 1,131;<\/p>\n<p style=\"font-weight: 400;\">construction trades helpers and labourers &#8211; 994.<\/p>\n<p style=\"font-weight: 400;\">As of May 2024, the total number of jobs in Canada was 20,518,000, of which 16,715,000 were full-time. Temporary residents of Canada with Work Permit Canada under LMIAs represent approximately 0.004% of the total number of full-time jobs in the Canadian economy.<\/p>\n<p style=\"font-weight: 400;\">The introduction of cap on the number of temporary residents of Canada is expected to have a negative impact on the attraction of workers from abroad with temporary resident status in Canada in several industries.<\/p>\n<p style=\"font-weight: 400;\">Skilled professionals will continue to be in demand in Canada. By contacting MV Group, you will receive full support from the moment of employment to obtaining PR status in Canada from the best immigration consultants in Canada.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Temporary residents of Canada have the opportunity to find a job in various sectors of the Canadian economy, which is characterised by dynamism and stability of development. The majority of temporary residents of Canada subsequently obtain PR status in Canada through employment (economic immigration programmes to Canada). Despite the instability in the world, the Canadian [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3311,"comment_status":"closed","ping_status":"open","sticky":false,"template":"templates\/template-news.php","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[22],"tags":[],"_links":{"self":[{"href":"https:\/\/mvgroup.com.ua\/en\/wp-json\/wp\/v2\/posts\/3314"}],"collection":[{"href":"https:\/\/mvgroup.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mvgroup.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mvgroup.com.ua\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mvgroup.com.ua\/en\/wp-json\/wp\/v2\/comments?post=3314"}],"version-history":[{"count":0,"href":"https:\/\/mvgroup.com.ua\/en\/wp-json\/wp\/v2\/posts\/3314\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mvgroup.com.ua\/en\/wp-json\/wp\/v2\/media\/3311"}],"wp:attachment":[{"href":"https:\/\/mvgroup.com.ua\/en\/wp-json\/wp\/v2\/media?parent=3314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mvgroup.com.ua\/en\/wp-json\/wp\/v2\/categories?post=3314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mvgroup.com.ua\/en\/wp-json\/wp\/v2\/tags?post=3314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}