Canada Unemployment

Canada is currently sitting at a population of over 30 million people and is ranked 11th in the world in terms of exports (Canada: Economic Freedom, 2017). The economy in the country seems to be thriving very well with many skilled workers and plenty of jobs for most individuals in the civilian labor force. For the most part, Canada has always done pretty well in terms of having a successful economy. Starting in the early 50s Canada was thriving primarily off of the waterways unlike today the country thrives off selling petroleum, cars, and other things other countries need and want. Although this shift from a farm based economy too much more industrialization did not happen until after the Great War, it wasn't until the 1920s until Canada

One of the most pressing issues faced by Canada today is unemployment. In fact, reports confirm that the jobless rate continues to increase every year. As of February this year, the unemployment rate was at 7.0%. The presence of unemployment rate is evident in various provinces. In Quebec, the number of people working declined by 26,000 in February. Alternately, the number of employed in British Columbia fell by 10,000; while Saskatchewan nearly 6,000 individuals are unable to find jobs. The Conference Board of Canada projected that the country’s labour woes could reach to more than one million workers by 2020. In addition to this, experts predict that the unemployment rate in this country will surpass that of the United States. Along with the dismal figures and projections, the problem of unemployment consequently creates numerous negative consequences on the nation’s economy, its government, and of course its people. Some of the known effects of unemployment include reduced spending power, an increase in financial cost, recession, and even crimes and violence. Individually, long-term unemployment may result to depression, loss of self-respect, and strained relationships with family and friends – ultimately causing damage to the person’s overall well-being. The adverse effects of unemployment only show that this issue imposes a significant cost both on a national and individual level. As such, it is of primary importance to create an immediate plan of action to alleviate

Unemployment currently sits at a seven point two percent as of March two thousand thirteen. This is a slight increase recently but has gone down from about eight point seven percent back in two thousand nine, the labor force has also increased by roughly one million people since the middle of two thousand nine. There has been a big boom for Canada since the American financial crisis which definitely affected the livelihood of Canadian citizens. Canada is unique because it is officially a bilingual country. This is an important factor when considering doing business in Canada. Canada has a constitutional monarchy which also has three branches of parliamentary (Legislative, Executive, and Judicial). The head of state is Queen Elizabeth the second. Canada is one of the top ten trading countries in the world; they are a very globalized country. They have a varied culture in Canada a major factor in this may be because it has the highest immigrations rate per capita in the entire world. The country itself prides itself on the multiculturalism that it promotes as a society and as a government. They come from British and French ancestry but also have a big influence from the Canadian people that instantly make Canada a very diverse market. Canada also ranks eleventh highest in human development as of March two thousand thirteen according to a Human Development Index study conducted by the United Nations Development Program.

c) Increase in the inflow of new immigrants- One of the primary reasons behind the rise in the issue of homelessness in the country can be the recent trend of increased immigration in the country from other parts of the world. Canada, in the last few years, has developed immensely regarding economic and industrial aspects and the country currently boasts of its robust industrial, service and export sectors, which in turn attracts a lot of potential workers from all over the world, for a better standard of living. Apart from the employment sector, the education sector of the country is also one of the primary attractions in the country. Canada has some of the finest universities in the world, which attracts a huge number of students from across the country, which in turn increases the demand for housing in the country, thereby increasing their prices.

The government needs to provide more support and police hours to these types of neighbour hoods. The only reason the crime rates are up is due to the lack of cops in that area. Furthermore, the prices of houses have been increasing in Canada rapidly. To find a suitable place to live which is affordable is becoming really rare due to the increase in real estate. As the prices rise, the people who are not as fortunate as the rest of us are forced to live in deprived areas. This will cause the upbringing of children to be difficult which might ultimately lead to poverty. Thus, through providing funding for affordable and appropriate housing, Canada can start to diminish the homeless population.

After reading Dinner Party Economics, written by Eveline J. Admit and Richard G. Maranta, I find myself asking many questions. One of which is how Canada is doing with macroeconomics policy and the political debate. Today, March 2016, Canada is not doing its best job. With the current price of the Canadian Dollar, our economy is not in good shape. In the past year, the Canadian Dollar has taken a huge dive. With the rising costs of living, Canadians are finding it harder each year to afford basic needs for their families. Gas prices and fresh food at markets continue to rise to record levels. The unemployment rate in Canada also continues to rise. With less people working full time jobs, families are finding it very difficult to support a family

Canada, is well known for being immigration friendly over the course of history and it is an ideology that Canadians value. Immigration offers an opportunity for Canadians to seal in crevasses within the Canadian economy and stabilizes it from leaks which causes inflations and recessions. However, as opportunity presents itself, trade-offs are likely to follow. Today, Canadians are facing challenges regarding unemployment rates as well as increases in the cost of living. According to Collacott Martin, a senior at Fraser Institute who represented Canada in the department of external affairs, the housing prices are rising due to an increase in population among large cities in Canada. Collacott, predicted that newcomers of Canada cost between

Attending college or pursuing a higher education is worth it because a degree ensures a stable, well paying job and provides a better quality of life. In Document A, “Earning and Unemployment Rates Based on Educational Attainment, 2015” compiled by the United States Bureau of Labor Statistics, a higher educational degree, such as a Doctorate or Professional degree, corresponded to a lower unemployment rate with a higher pay, while little to no educational degree corresponded to a higher unemployment rate with a lower pay. This means people who received a college degree had a better chance of finding and retaining a well-paying job because they are typically skilled in one profession that cannot easily be replaced, such as a doctor or engineer.

Employee skills and the ability of employers to attract and retain skilled workers will be a primary concern to Canada’s economy in the immediate future. A train overflowing with crisis is approaching, and we need to stop listening for it to come because it’s already bearing down on us. Labour and skill shortages in Canada can be attributed to: aging population, increased life expectancy, migration of highly skilled labour, and the disparity between the skills possessed by youth and the skills demanded by employers.

The main purpose of this problem statement is to understand the reasons behind immigrants with high education credentials working on just entry level jobs (underemployment) or are not able to find a job to earn for their livelihood (unemployment). There are many reasons behind this underemployment and unemployment and with the help of this study we will try to help new immigrants to Canada by letting them know about various challenges they might have to face during the initial phase of their life in Canada. Apart from this, our study will also help international students to find jobs matching their skills and even part time jobs during their studies, as our main focus is international students at red river college,

Employment and Social Development Canada (ESDC) is the federal department was created in 2003 with 24000 employees. It is responsible to improve the quality of life and social welfare of all canadian citizens. Also the department is responsible to promote and provide a safe and encouraging job environment that attracts people to work. The department is honored to provide outstanding services in different areas of social services and lobar programs. Help people move from dependency on society to depend in their selves. They have a range of programs and services that help people contribute in society. Seniors, children, family, youths, students, unemployed, women and person with disability receives adequate social care. “ESDEC offers over $

It is known that Canada will be faced with a labour shortage by 2030 and there are quite a few reasons behind this issue. The aging of the baby-boom generation is limiting the labour force growth and to make things worse, there are low fertility rates. Lower birth rates and the aging population indicate that there will be an issue filling these labour gaps. The baby boomers are retiring and there are not enough youth to take over their positions in the labour force. Due to the retiring of these workers, careers such as air pilots, flight engineers and flying instructors will face this shortage. These labour shortages will continue to become more severe as the number of retirees grow and the number of youth decline. Another contributing

Dixie: Yes, Brenda I think that it would definitely be hard to move to Canada with this unemployment rate begin this high. I would think that Canada need to make more jobs available. I wonder how Ontario Canada made all those new jobs. The article doesn’t say what the new jobs where. Do you think that the unemployment rate is high where you live

Before I moved to Calgary, I also finished my course work for Environmental Engineering masters’ degree and was doing a thesis for the program. However, all these degrees couldn’t help me to get professional jobs in Canada or to be actively involved in research that can bring changes to the society I now live in and as well as to the world.

After researching the foreign markets, our department proposes that Canada would be our direction to go with to expand our business. The selection that we made is due to many factors. One of the factors involved is that Canada’s housing starts for 2012 is down by only percentage points. (Centre for the Study of Living Standards, 2012) This allows us to believe that the economy is still strong in the Canadian foreign market. There is new construction going on in Canada and there is potential for the market to go back up.