Highlights: Canada added 40,000 new jobs. Apply now!
- 41,000 jobs were added in April 2023.
- The unemployment rate in Canada is recorded 5%.
- April recorded the highest spike in job gains for the past 6 years.
- Canada's job growth hits new heights in April 2023.
- Average hourly wages increased to 5.2%.
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Provinces having highest employment rate
Ontario’s employment rate rose to 33,000, whereas in PEI 2,200 jobs. But in Manitoba, there is a decline of 4,000 jobs, and in other provinces, it recorded minimal changes.
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Industry-wise job gains in Canada in April 2023
Industry wise employment rate in Canada is depicted in the below table:
|
Industry |
Job gains in April 2023 |
|
Retail trade |
24,000 |
|
Information Technology |
16,000 |
|
Culture |
16,000 |
|
Recreation |
16,000 |
|
Educational services |
15,000 |
Canada taking steps to increase its economic growth
Canada is introducing new measures to increase its economy and fulfil its 2023-25 immigration targets. Recently, it announced the hike in hourly pay for both salaried professionals, temporary foreign workers, and hourly paid workers. It also introduced new paths for foreign candidates for easy immigration.
The maple leaf country has 1.1 million job vacancies from past 3 months. This is the right time to migrate to Canada.
Don’t delay! 2023 is the right time to migrate to Canada. Apply now!
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Average hourly salary in Canada is now $42.58, an increase of 9% from last quarter – StatCan reports