Immigrants In Canada Are Doing Well As Part Of The Labor Market

There are people who are claiming that immigrants are not contributing well to the labor market in Canada. This can be because there are claims that immigrants are being underemployed in the country. This is not a good thing and so the government of Canada has been working on this and making sure that immigrants are not exploited and that they are given the right positions and paid the proper salaries. It is surely not a good thing if the immigrants in Canada who are helping out with the economy are paid less. The country is known for having a fair and just culture and this situation surely is not a good example of that.

However, a recent study has shown that things are improving for immigrants in Canada with regards to underemployment. There is data supporting that immigrants are doing better and are making progress in terms of positions held and salaries received. This means that things are becoming brighter for these people and that they are leveling up with the locals. Surely, this is good news for all immigrants in the country as hard work and good work should be compensated for properly.

The progress being made

The study has shown that it is really true that a good amount of immigrants in Canada are working in positions that are below their experiences and skills and educational attainments. This is as per the report made by the Royal Bank of Canada. The study also showed that this situation that immigrants have has been costing the country’s economy around $50 billion in terms of the annual GDP. Despite this, data from Statistics Canada has shown that this may be the reality but there are improvements happening.

Things are definitely changing and it is good not just for the immigrants in Canada but also for the economy of the country. Improvements are being seen which is good. There are more and more immigrants joining the labor market which is beneficial for businesses and the economy. Many of them also have good jobs. There are a lot fewer immigrants who are underemployed. Plus, the wages of immigrant workers have definitely risen as compared to years previously.

Improvements were seen

Data from Statistics Canada has shown that in 2018, around 78% of immigrant workers who are 25 years old to 54 have high participation in the labor market in the country. This may not seem satisfactory for many but it sure is an improvement over the 74% that was recorded in 2006.

Aside from this, new immigrants in Canada have also recorded an improved employment rate. In 2018, the number was at 71.3%. This is surely a great improvement over 65.2% that was recorded for the employment rate of immigrants in 2006.

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