Jobs
Three Charts Show Canada Is Running Out of Jobs for Newcomers
- One new job created for every six people joining labor force
- Unemployment rate for recent immigrants was 12.3% in August
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A growing pool of newcomers to Canada can’t find work or aren’t looking, as businesses hire at a slower pace while the population continues to balloon.
The number of working-age people in the country rose by 96,400 in August, Statistics Canada reported Friday, a result of the country’s rapid population growth, which is among the fastest in the world. Over 82,000 people joined the country’s labor force last month, but net employment rose just 22,100.