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Better Economy and Employment in Canada

Employers hired workers for 886,000 jobs in Canada during 2021.

On January 7, 2022, Statistics Canada reported that 54,700 Canadian jobs were added to the economy in December 2021.

This is more than the 25,000 jobs in Canada that were forecast by economists.

Furthermore, there was a surge of 123,000 full-time jobs in Canada at the end of the year.

Most part-time employers have transitioned to full-time Canadian employment, which is another indication of improvement in the economy.

The unemployment rate also dropped to 5.9% in December, close to a record low.

Overall, 2021 was a good year for the Canadian economy, which saw 886,000 jobs in Canada filled.

As a result, there are now 240,500 more people working in Canada than there were during February 2020 when the global pandemic started.

Good News for Canada’s Economy

According to a senior economist, this is good news for the Canadian economy.

The percentage of people working in Canada is currently 61.5 percent, which is just below where it was prior to the pandemic.

People working in Canada were also earning 2.7 percent more money at the end of 2021 than when 2020 concluded.

Economists predict that the unemployment rate will fall even further during 2022, which they anticipate will be a good year for the Canadian economy.

Of course, this is also good news for people living in Canada.

Good News for Canadian Immigration

With the pandemic receding, the economy expanding and the borders re-opened, this is a good time to apply for immigration to Canada.

There is a strong demand for skilled immigrants, around 900,000 jobs in Canada to choose from, and several Canadian immigration programs available to skilled foreign workers and their family members.

For example, the Federal Skilled Worker Program is designed for skilled immigrants with at least one year of full-time work experience in an eligible occupation during the past five years and is based on a points system in which at least 67 points are needed (points are received for  age, English or French language abilities, education, relevant work experience, adaptability and Canadian job offer).

Skilled foreign workers who are approved for Canadian permanent residency through the Federal Skilled Worker Program or other permanent resident (PR) visa program can live, study and work in Canada for an unlimited amount of time and have the opportunity to become a Canadian citizen after only three years.

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