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Latest Stats Reveal Workers Gaining Jobs in Various Sectors in Canada

Latest Stats Reveal Workers Gaining Jobs in Various Sectors in Canada

Latest Stats Reveal Workers Gaining Jobs in Various Sectors in Canada

June 5, 2024

Statistics Canada has reported an increase in employment figures for March, marking the second consecutive month of job gains. The latest Survey of Employment, Payrolls and Hours revealed that the number of employees receiving pay and benefits rose by 51,400, or 0.3 percent, in March, following a February increase of 14,600, or 0.1 percent. 

Year-over-year, payroll employment saw a rise of 232,100, or 1.3 percent.

Employment gains were noted in 11 out of 20 sectors, with healthcare and social assistance leading with 11,700 jobs added, a 0.5 percent increase. Significant contributions came from general medical and surgical hospitals, nursing care facilities, individual and family services, and home healthcare services.

The educational services sector added 8,100 jobs, representing a 0.6 percent rise. This sector’s annual gain of 31,600 jobs, or 2.2 percent, was primarily concentrated in elementary and secondary schools, community colleges, CEGEPs, and universities.

Manufacturing jobs increased by 7,300, up 0.5 percent, while construction and wholesale trade sectors each added 2,600 jobs. 

The retail trade sector was the only one to see a decline, shedding 2,400 jobs, a 0.1 percent decrease.

Average weekly earnings remained steady at $1,236 in March. However, on a year-over-year basis, they were up 4.2 percent, following a similar increase in February.

Regionally, job vacancies decreased significantly in Ontario, Quebec, British Columbia, Newfoundland, and Labrador.

In contrast, Prince Edward Island saw a 28.3 percent increase in job vacancies. Canada experienced a drop of 40,600 job vacancies in March, the largest monthly decline since September 2023.

Foreign nationals have various pathways to gain permanent residency in Canada through economic immigration programs like the Express Entry system, which includes the Federal Skilled Worker Program, Federal Skilled Trades Program, and Canada Experience Class Program. 

Provincial Nominee Programs also allow provinces and territories to nominate skilled workers. Canadian employers can recruit foreign nationals through the Temporary Foreign Worker and International Mobility Program. The Global Talent Stream can expedite the process, granting work permits and visas within two weeks.

The post Latest Stats Reveal Workers Gaining Jobs in Various Sectors in Canada appeared first on CI News | Latest Canada Immigration News.


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