Increased Job Creation in Canada

Due to the lockdown enacted during the COVID-19 epidemic to protect lives at the expense of a nation’s economy, every state experienced a crumbling economy. But now that the pandemic is almost under control, the majority of nations are gradually stabilizing their economies. Given that employment is increasing and the rate of unemployment is gradually returning to its pre-pandemic level in Canada, the country is close to experiencing a full economic recovery.

In November, Canadian businesses created 154,000 new employment, exceeding analysts’ expectations of 38,000 jobs. These numbers were somewhat closer to October levels, but the increases raised Canada’s employment levels a notch above pre-pandemic levels. Additionally, the unemployment rate decreased by 6%, which is almost 0.3 percentage points lower than what was seen in February 2020.

Statistics from Canada’s Labour Force Survey showed that, in contrast to other public health indicators like vaccination proof, which remained at the same level as in October, the labor market conditions during weeks 7 to 13 had improved.

Despite Increased Employment, There Are Still Labor Shortages

The private sector was the one who started the hiring trend in November, for both full- and part-time employees. Nevertheless, all industries in Canada, including hospitality, healthcare, and retail, continue to face a labor shortage. Approximately one million job openings had been posted nationwide as of September by various employers.

People could have been persuaded to accept job offers as the majority of the government’s COVID-19 financial aid to residents came to an end in late October. The Canadian Recovery Benefit, one of these financial help programs, was meant to discourage people from working. According to a report by The Conference Board of Canada, low wage growth has a particularly negative impact on low-wage service businesses.

Intent on Attending School or Working in Canada PGWP Applications are now the focus

Prior to the epidemic, international students were unable to complete their online coursework outside of Canada and subsequently obtain a Post-Graduation Work Permit (PGWP). But things have changed in recent years. The country has also increased the time during which students can study online. The period’s end date was originally set for December 31, 2021, however it has now been moved to August 31, 2022. This provision was put in place as part of the pandemic response so that international students who contracted the virus might be covered by the PGWP.

Even students who are enrolled in two study programs must adhere to the rule

As long as the programs were started between March 2020 and summer 2022, you are still covered by the aforementioned criteria even if you were enrolled in multiple study programs.

Keep in mind that study programs must have a qualified Designated Learning Institution (DLI) and satisfy other PGWP regulations. Additionally, a program can only last eight months at the most. Additionally, any time spent before to applying for the study permit and any time spent studying online (outside of Canada) after August 31, 2022 do not count toward the duration of a PGWP.

The duration of one’s studies is equally vital to PGWP eligibility. It is essential for figuring just how long your PGWP will be as well. For instance, if your study period is greater than eight months but less than two years, your PGWP’s validity corresponds to the study program’s duration. The PGWP period could be up to three years if the time was longer than two years.

Increased Job Creation in Canada