Good News for the Canadian Job Market


In November 2012, Canada saw nearly 60,000 new net jobs create which exceeds the predicted number by six times.  Canada’s unemployment rate is now nearing the numbers not seen before 2008.

It is no secret that the housing market has been on the rise and with the development of new condominium projects and home building projects, construction workers have been in high demand.  The last time Canada saw this type of demand for construction jobs was in the 1970s.

When the price of oil exceeded beyond $100 a barrel, the oil and gas industry in Canada decided that it was time to join the game.  Naturally, as this happened, these Canadian businesses needed workers to get the job done.  Goldman Sachs is predicting high prices for commodities such as oil in the future and therefore the need for workers in the oil patches has no end in sight.

With the creation of the new Skilled Trades program, Citizenship and Immigration Canada are attempting to ease the labor shortage problems Canadian employers have by creating a fast and easy way to retain foreign workers working in Canada already in one of the skilled trades.  The new program will start accepting new applications on January 2,, 2013.  This program is a compliment to the new Federal Skilled Worker program which will be unveiled in the coming months.

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