An internal federal government memo obtained by the Canadian Press reveals that the number of new immigrants finding jobs in Canada soon after they arrive in the country reached a new high in 2018. The Express Entry system and strong job creation are the major factors that led to this increase, according to the memo. In the recent years, Canada has been welcoming more economic immigrants with in-demand skills and experience. The unemployment in the country was the lowest in more than 40 years. All these developments have also contributed to more new immigrants finding jobs in Canada.
The memo further says that the employment rate of immigrants in the 25-54 age group, who came to Canada in the last five years is 71 per cent. This is the highest rate since the employment rate of immigrants began to be recorded in 2006. Another important fact to be noted is that immigrants in the age group of 25 to 54 were well educated and 80 per cent of them possessed post-secondary level education in 2018, compared to 75 percent in 2008. The percentage of Canada’s general population with post secondary-level education, in the same age bracket, was 71 per cent during this period. These figures have a huge significance at a time when Canada is all set to increase the number of immigrants to be admitted each year to well beyond 300000.
The memo also revealed that among the second-generation Canadians, 95 per cent of 25 to 44-year-olds have completed high school. But the percentage among those with two Canadian-born parents was 89 percent. The percentage of university degree holders among second generation Canadians was 41 per cent, while the percentage of those with Canadian-born parents was 24 percentage. The average income of second-generation Canadians was also found to be high at $55,500, nearly $4,000 higher than those with Canadian-born parents.
According to data from Statistics Canada, the total number of newcomers in Canada in the year 2018 was 321,065. This is the highest number ever since 401,000 new immigrants came to Canada in 1913. As Canada has set a target of welcoming more than one million immigrants by 2021, these numbers are set to rise further. Canada will be welcoming 330,800 newcomers in 2019, a total of 341,000 in newcomers in 2020 and 350,000 newcomers in 2021.
With Canada set to welcome more number of skilled immigrants to the country, there is no better time than now to migrate to Canada. CanApprove, with more than two decades of experience, has helped thousands to our clients to successfully migrate to Canada. Contact us for any advice or assistance for Canada migration.