Connect with us

Real Estate

Immigrant joblessness narrows to 6.4% as Canada looks to newcomers to build workforce

Editor

Published

on

[ad_1]

The employment gap between immigrants and Canadian-born workers is narrowing, as employers increasingly rely on newcomers to fill jobs, new research from Statistics Canada shows.

The federal research agency found 78.9 per cent of newcomers aged 25 to 54 are in the workforce, compared to 84 per cent of people who are Canadian-born.

The unemployment rate for core working-age immigrants in 2017 was 6.4 per cent, the lowest since 2006 when Statistics Canada first began tracking employment among newcomers through its Labour Force Survey.

The comparable jobless rate among Canadian-born workers is five per cent.

Statistics Canada defines core working age as 25 to 54, a time when individuals in are most likely to have finished their schooling and not yet retired from the workforce.

Canada has an aging workforce, with the large baby boom population moving into retirement age and fewer young people available to take up jobs.

Relying on immigrant workers

In 2017, 26 per cent of Canada’s total workforce of core working-age were landed immigrants.

Statistics Canada says first generation immigrants will make up an increasingly important part of the workforce over the next decade.

By 2036, it projects the share of immigrants in Canada’s population would stand between 24.5 per cent and 30 per cent and Canada will be competing with other industrial countries for a share of young, skilled workers.

Most of the growth in the workforce between 2016 and 2017 was accounted for by immigrants of core working age and Canadian-born workers aged 55 and older.

From 2016 to 2017, which was a good year in Canada for generating jobs, 87,000 new immigrants joined the workforce, compared to 59,000 new Canadian-born workers.

The employment-rate gap between immigrants and the Canadian-born has narrowed for three consecutive years, and was lower than the national average in Manitoba and Alberta.

Newcomers who have been here 10 years or longer are most likely to have full-time employment. Still 65.2 per cent of those who came within the last five years were working.

Many people relate tales of struggling in their first few years in Canada, but the figures seem to indicate they eventually find work, though perhaps not in the field they prefer.

Newcomers are more likely to have low-paying jobs in the accommodation and food industries, but are also one third of the workforce in high-paying industries such as finance, insurance, real estate, rental and leasing services, as well as professional, scientific and technical services.

Filipinos have better employment levels than Canadians

The highest employment rates were among immigrants from the Philippines, with 88.5 per cent of them having jobs, a better rate of employment than the Canadian-born population.

Statistics Canada attributes this to high levels of education among Filipino immigrants, as well as strong English skills and a school system closely related to the North-American system.

Immigrants born in Africa had less success in the job market with 72.5 per cent of them employed. They make up about 10 per cent of Canada’s immigrant labour force aged 25 to 54.

This group may have more difficulty because a lot of them come to Canada as refugees and are likely to have less support, including family support, in their early years in Canada, the federal agency said.

Immigrant women are also less likely to be employed than men — with 72 per cent of them in the workforce, compared with 82 per cent of Canadian-born women in the core age group.

[ad_2]

Source link

قالب وردپرس

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Real Estate

The cost of renovating your bathroom in Toronto in 2021

Editor

Published

on

By

Home renovations can be a big task, especially bathroom renovations where you have to work with either an awkwardly shaped space, or one with lots of pipework and very little natural light.

Nonetheless, getting a bathroom renovation by Easy Renovation to change your existing bathroom layout, improve the ambience or add more natural skylights can be worth all the trouble. But determining how much a bathroom renovation would cost is important while setting a budget.

The pandemic has changed a lot of things with social distancing rules, working from home, and for some, being made redundant. Therefore, having a complete grasp of the financial implication of a bathroom innovation is very important.

Owning your dream bathroom can be made a reality and the good thing is, regardless of your financial situation, there are always available options. If you also decide to put up your property for sale in the future, a bathroom upgrade would be a great investment—as it would add significant value to the property. Your bathroom renovation project, like every home renovation, can either be very affordable or extravagant, but one thing is certain, you’re bound to have a more refreshed, stylish and modernistic space.  

Looking through detailed sketches of luxurious and expensive bathrooms can be quite tempting, especially when you’re on a budget. However, your bathroom can be equally transformed into something that looks just as modern, stylish and refreshing but without the heavy price tag.

Conducting a partial bathroom renovation means you only have to change a little part of your existing bathroom rather than tearing it down and starting from scratch. If you intend to carry out this type of bathroom renovation in Toronto, depending on the size of your bathroom, you can spend between $1,000 – $5,000. With a partial bathroom renovation, you can save money by tackling smaller problems that exist in your present bathroom—or you can just upgrade a few of its features.

Partial bathroom renovations are quite affordable and would leave your bathroom feeling new and stylish without being time-consuming or a financial burden—which is important considering the economic impact of the pandemic. Repainting the bathroom walls, replacing the tiles on the floor and in the shower area are examples of partial bathroom renovations which is the cheapest to accomplish.

A more expensive and popular bathroom renovation is the standard 3- or 4-piece renovation. This renovation type involves a lot more services that are not covered by a partial renovation budget. To execute a standard bathroom renovation in Toronto you need a budget of about $10,000 – $15,000.

Unlike with a partial renovation, you would have to make a lot more changes to various elements of your bathroom without the hassle of changing the overall design. You can easily restore your current bathroom into a modernistic and classy space that fits your existing style. Making changes to more aspects of your bathroom is quite easy since there is more room in your budget to accommodate it.

A standard 3- or 4-piece renovation includes everything in a partial renovation plus extras such as revamped baseboards, installing a new bathroom mirror, buying new lights, installing a new vanity, changing the toilet, and buying new shower fixtures.

If you’re one of those looking to make a complete overhaul of your existing bathroom, then the option of a complete bathroom remodel is for you.

Unlike a bathroom renovation, remodelling means a complete change of your current bathroom design and layout for one that is newer and completely unrecognizable. The possibilities when remodelling a bathroom are endless especially when you have a large budget of over $15,000. That way, you can get the opportunity to create the perfect bathroom for yourself.

In addition to all that’s available with a standard bathroom renovation, bathroom remodelling allows you to make bathtub to shower conversion, relocation of plumbing, relocation of the toilet, reframing the bathroom and even relocating the shower.

In conclusion, a bathroom renovation can be a very important upgrade to your home and depending on the features that you decide to include, in addition to the size of your bathroom, this would influence the total cost of the project.

Continue Reading

Real Estate

7 Tips For First-Time Home Buyers In Calgary

Editor

Published

on

By

Buying a house for the first time can be overwhelming to say the least. If you’re wondering what neighbourhood to go with, what you can afford, or even how to just get started on the process, let us take some stress off your hands! We’ve teamed up with Hopewell Residential to give you 7 tips to ensure the home you end up with is everything you dreamed of.

Hopewell Residential is a five-time Developer of the Year award winner, so their expertise is second-to-none in Calgary and beyond. Who better to learn home-buying tips from than the homebuilders themselves?

Create a checklist of needs & wants

This is a biggie. When you’re buying your very first home, you’ll want to weigh your needs vs. your wants. Ensuring you have what you love in your first home is a big, big deal.

What should you do? Easy. Set up a list of needs and a list of wants, but be pretty strict with yourself, and make sure you take your lifestyle into consideration. With the increase in remote work over the past year, it’s important to keep in mind that a home office or flex room might just be the key to maximizing at home happiness. Especially if you’re thinking you might be expanding your family later on, spare rooms and extra space is key (but more on that later!).

Or for instance, you might need a home in an area with a high walkability score, but you want to be close to certain amenities. Set yourself up with the right level of compromise and the number of homes that actually fit your ‘perfect’ idea will skyrocket.

Continue Reading

Real Estate

‘Don’t give up’: Ottawa Valley realtors share statistics, tips for homebuyers in ‘extreme’ sellers market

Editor

Published

on

By

The real estate market in the Ottawa Valley can be summed up this way: people from far and wide are in a buying frenzy, but there’s hardly anything to buy at the “store,” and the limited inventory is overpriced.

This “stampede” — as one realtor described it — will affect rural towns as residents grapple with finding affordable housing and agonize over their inability to purchase homes in their price range.

“We are seeing a lack of inventory in all price ranges,” said Laura Keller, a real estate agent from Carleton Place.

Helen Vincent, a Renfrew realtor, said she’s never seen a market like this in her 36 years of practice. “We postpone offers for four to five days in order to get all the buyers,” she said.

Multiple offers — between seven and 10 — became the norm, with cash offers and no conditions, as buyers faced bidding wars. “In Ottawa, they have up to 50 (offers),” she added.

“It’s very stressful. You’re going to get nine (people) ticked off, and one happy. So many people are disappointed,” Vincent said.

Terry Stavenow, an Arnprior realtor for 40 years, said that “the pent-up need took over with inventory going low. It made a stampede on everything that was available.“

“Brand new housing — it’s very much gone. Several building developers are rushing to get inventory. They usually don’t do construction in the winter months,” said Stavenow.

Continue Reading

Chat

Trending