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Canada records considerable increase in wages for workers

wages for workers

There has been an increase in wages for workers in Canada, shows the data recorded in November 2022 by Statistics Canada. According to its report titled Payroll Employment, Earnings and Hours, and Job Vacancies, November 2022, wages increased by 4.2 per cent compared to the previous year. Canada pnp finderAt the same time, a total of 7100 people in Canada landed paying jobs in that month. 13500 more people landed in service sector jobs in November last year. Similarly, increase in the number of people landing payroll jobs was recorded in 10 sectors including professional, scientific and technical services, public administration, finance and insurance. The growth in the number of new employees in professional and technical services was mainly driven by the growth in computer designing and related services firms. 

Increase in payroll employment in Canada

Statistics Canada reports that as of November 2022, payroll employment in this industry was up 118,400, or 44.9 per cent, compared with June 2020. This increase accounted for nearly 42 per cent of the overall growth in professional, scientific and technical services over the period, according to the report. Among the provinces, largest increase in payroll employment was recorded by Quebec and Alberta.

Increase in wages for workers in Canada

In November last year, the compensation paid to workers was also increased and the average weekly earning in Canada was increased to $1180. The highest increase in wages was recorded in Newfoundland and Labrador as well as New Brunswick.

However, 850300 jobs were still vacant in Canada in November.

All these mean Canada has huge demand for skilled workers. Canada is offering the right opportunities for the skilled workers to build their career and lead a better life with increased wages and higher living standards.

Opportunities for immigrant workers in Canada

Canada is planning to welcome a high number of immigrants in the coming years. By 2025, Canada will be welcoming 500000 immigrants per year. The country has been facing a huge shortage of workers in the post-pandemic period. By increasing the intake of immigrants, Canada is aiming to address this labour shortage crisis. Similarly, Canada’s population growth is low and the number of people in the working age is dwindling. Canada looks at immigration also as a solution to the demographic challenges being faced by the country.

Opportunities are awaiting for workers who migrate to Canada. Do you wish to know more about Canada migration? Talk to the Canada migration experts of CanApprove. Contact us now.

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