Canada is economically still neutral, with a lot of scarcity of jobs in Canada and labour mobility with varying patterns in the labour market.
The shortage in the labour market, both regionalized and localized, plays out in various sites across the country, and employers are finding it near impossible to hire qualified job candidates and match them up with open positions that they are qualified for. According to a report prepared in 2014 by Miner Management Consultants, there will be a labour force shortage in Canada by 2031 of close to two million and more. There are a large number of jobs in Canada that continue to remain vacant even today and the Canadians are not willing to work in part time, lower skilled or semi occupational job categories.
In Canada, the rate of unemployment is 7.3 percent officially which is only a small part of the whole story, while the job vacancy is around two and a half percent. The vacant jobs in Canada represent 316,000 all open positions that may be part time, full time and temp positions.
The vacancy rate has gone down since the last quarter of 2015
The employers are still facing difficulty in filling positions across all sectors and skill levels. Younger Canadians are pushed to meet higher educational qualifications despite grim job prospects; as they unable to locate jobs in Canada related to their field in spite of their enormous debt.
The current government understands the divide between the labour shortage and the rate of unemployment and the need to fill the gap. The government will temporarily reduce restrictions for industries that utilize the Temporary Foreign Worker Program (TFWP); this will allow them to hire any number of immigrant workers, sans any restrictions for a period of up to six months.
Immigrants are a solution to the labour shortage
Most Canadians are unlikely to work at a sea food plant or do housekeeping at an inn, with rising wages, notable employers and focused recruiting. These jobs in Canada will need to be filled by people from other countries.
Canadians have proudly rallied and welcomed a large number of immigrants and refugees from all corners of the globe. The significant increase in refugees fleeing from the Syrian civil war in Canada provides a probable collection of labour in the near future for employers.
However, an increase in refugees and illegal migration, has led to a sudden decrease in the number of economic immigrants that Canada plans to bring in. In 2016, Canada is targeting nearly three hundred thousand new PRs however; this number is lower than in 2015. The refugees assisted by the government have risen to 284 percent from 2015.
A lot needs to be done to initiate Canada towards a growth-oriented immigration strategy, including temporary foreign worker Canadian citizenship.
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