- September 14, 2021
- Posted by: Clearport Team
- Category: General
In August, Canada added 90,200 jobs, mostly full-time positions.
Although this brings Canada’s employment numbers relatively close to pre-COVID levels, market trends suggest that Canada will need to fill about 2 Million jobs in the next 10 years. You can benefit from this; as a foreign worker, you can fill one of these job positions and make your dreams of making a life in Canada come true.
Expert analysts indicate that labour shortages and aging demographics, coupled with an expanding economy, mean that Canada will continue to need new immigrants in many industries. It’s a win-win-win situation for Canada, Employers and Foreign Workers, that benefits all: Canada gets additional hard-working and qualified population to support economic growth, Employers get the workforce they need to operate and grow, and Foreign Workers get the chance for a better life in Canada.
Canada’s Economy Showing Recovery from COVID slowdown.
Canadian Employers added 90,200 jobs in August, according to an article recently published by the Financial Post. Following this strong increase, Canada’s unemployment fell to 7.1%.
Despite the strong job creation number in August, it is still 156,000 jobs short of its pre-COVID levels. According to Statistics Canada, the jobs added in August came mainly from restaurants and hotels, as COVID-related restrictions to their operation have been partially lifted and land travel from the U.S. opened as well.
Source: Financial Post article
According to this article, the Bank of Montreal’s Chief Economist, Douglas Porter, said that “the continued decent gains in employment suggest that the recovery was still grinding forward in late summer even in the face of the budding fourth wave and ongoing supply bottlenecks.”
The Service industry reaped most of the benefits by adding 93,000 jobs, 69,000 of them were full-time, mainly in food and accommodation, which brings the service sector close to pre-COVID levels.
A recent article by The Globe and Mail confirms that, despite having added these jobs in August and recovering about 95% of its COVID-related job losses, Canada still has a deficit of around 156,000 jobs. The Globe and Mail article also indicates that as vaccination rates increased between June and August 2021 and COVID restrictions were partially lifted, employment grew by roughly 350,000 positions. Per this article, employment gains in August were mainly in the private sector and full-time positions.
This made up for job losses that Canada experienced in the spring. The article also noted that around 600,000 positions in Hotels and Restaurants were lost between March and April 2020, and that before these sectors get to pre-COVID levels they would still need to add more than 150,000 jobs.
The most recent (July 2021) Restaurant Outlook Survey conducted by industry group by Restaurants Canada indicated that 80% of those surveyed were finding it difficult to hire backroom staff, and 67% were having problems hiring frontline positions. Some of the positions they mentioned as hard to fill were food counter attendants, cooks, line cooks, managers and supervisors, chefs, and dishwashers. Foreign workers with experience in these positions can benefit from these needs, find a job in Canada, and build a career here.
Source: Restaurants Canada
Meanwhile, the 7.1% August 2021 unemployment rate, the lowest that Statistics Canada has reported in its Labour Force Survey (LFS) since the start of COVID, exceeded the average forecasts by economists surveyed by Bloomberg, who were anticipating only around 68,000 jobs would be created in August.
Source: Financial Post article
According to the Financial Post article, if the next months show employment gains similar to those obtained in August, Canada could return before the winter to the employment levels it had in February 2020.
However, other indicators remain elevated and indicate that Canada will still need to fill more jobs.
For example, The Globe and Mail points out in its article that the total number of hours worked in the economy did not change much in August, and that (importantly) self-employment remains soft, still 222,000 positions or 7.7% below compared to the start of COVID in Canada. This is important because Canada’s economy gets numerous benefits from the self-employed: economic contributions go from production of goods and services to taxes, consumption, savings and many more.
As yet another example, the underutilisation rate reported by Statistics Canada is still high at 14.2%, compared to 11.4% before COVID (according to Statistics Canada, the underutilisation rate adds the unemployed, plus those not in the labour force but who wanted a job and did not look for one, plus those employed that had lost all or the most of their usual work hours, and then compares this number as a proportion of the potential labour force).
Current Labour Shortages in Canada will grow
The Globe and Mail also reported that in an August study of calls between public companies and investors across the world (based on a review of transcripts on financial data platform Sentieo Inc.), labour shortages were mentioned on 315 calls. For comparison, the average of calls mentioning labour shortages as an issue was just 17 per month between 2005 and the start COVID.of the pandemic.
Source: The Globe and Mail
In the article, Tiff Macklem, Governor of the Bank of Canada, is quoted stating that “we are hearing from some businesses that the process of finding and hiring workers is proving complicated and time-consuming.”
According to the survey by Restaurants Canada, 42% of restaurants expect the number of unfilled positions to increase in the next year (as high as 50% for quick-service restaurants, with 39% for table-service restaurants).
Source: Restaurants Canada
And this is only one of the industries in Canada that will need workers to fill available jobs. Foreign Workers can benefit as many jobs become available in Health Care, IT, Computers, Systems, Transport, Logistics, Retail, Manufacturing, Construction, to name just a few industries.
The Canadian economy will likely still have challenges this fall resulting from new partial restrictions following a 4th wave of COVID, including several variants of the virus.
Despite these potential challenges, it seems that Canadian consumers are normalizing their consumption patterns, The Globe and Mail reported: more of them are dining at restaurants, travelling, and credit-card transactions are now significantly above pre-COVID levels. As a proportion of its population, Canada is only seeing 20% of the new COVID-19 infections that the U.S. is experiencing.
With a strong vaccination rate, and an aging population, Canada will need more workers to support the expansion of its economy and fill available jobs. Immigration will be key for Canada to have enough workers, not only today but for many years to come. This is a great opportunity forr Foreign Workers that act and take the first steps to come to Canada.
In a recent article published by Policy Options, author Ratna Omidvar, an independent senator from Ontario, says that “Canada needs to improve its immigration channels for essential migrant workers. Labour shortages and aging demographics mean we’re relying on migrants to fill critical jobs. We need a streamlined program to meet these demands. Canada is in dire need of more essential workers.”
She also said that “even pre-pandemic numbers point to a crucial workforce scarcity, with estimates that the country will be short about 200,000 new health-care aides and 123,000 farm workers by the end of this decade… this growing labour force scarcity is not tied just to certain sectors. The overall labour market trends suggest that in the next decade our businesses will be short by two million workers across many industries.”
Take the First Step to Work in Canada.
As a Worker, you can start preparing now to come to Canada. Become a Clearport Member!
Members get job opportunities for a brighter future. Create your Worker Profile, add your Resume to our database, get SRT to assess and improve your English, and apply to Jobs. Members also get FREE access to SRT, to test and improve their English, and be more attractive to Canadian Employers! You’ll need English to work in Canada, so start preparing yourself now. Act now and click on the image above to become a Member!
Click on the image below to become a Clearport Worker Member.
Click on the image above to become a Member and Work in Canada
Benefit from the need for Foreign Workers that Canada has. You will be working in a safe, non-discriminatory society that has good quality of living, excellent education and health care systems, and where the law protects you. Canadian laws and are in place to ensure that your employer will pay you at least the median wage that a Canadian would make in the same occupation and City or Town, and that you will enjoy safe working standards.
An additional benefit is that after you have been in the country and gained some Canadian work experience, you may be eligible to apply for Permanent Residence in Canada.
The Government of Canada has acknowledged that Immigration is crucial for Canada’s future, in particular for economic growth. When the Government announced its Immigration Plan in 2018, it set ambitious goals, including 341,000 new immigrants in 2020 and 350,000 in 2021. These goals have not been met. As Canada reopens its borders, more Temporary Foreign Workers will start flowing into the country and the number of new immigrants will grow.
75% of Canada’s population growth comes from Immigration. 5 Million Canadians will retire in 2035, but they will not be able to do so without the sustained economic and population growth supported by Immigration.
The pause imposed by COVID in many economic activities is temporary. Without Immigration, long-term population trends will slow down the Canadian economy.
If you are eligible, depending on the program that you applied under to work in Canada, your spouse may qualify to receive an Open Work Permit, and your children may receive study permits.
Become a Clearport Worker Member and Enjoy these Benefits:
Click on the image above to become a Worker Member
Members get job opportunities for a brighter future. Members also get FREE access to SRT, to test and improve their English, and be more attractive to Canadian Employers! You’ll need English to work in Canada, so start preparing yourself now. Act now and click on the image above to become a Member!
We are Your Door to Canada!