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Good News for Job Aspirants in Canada: Rise in Hourly Wages as Job Vacancies Increase

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According to Canada Student Visa latest News, Canada will rise Hourly wages due to labour shortage and eventually there will be more job openings for Job Aspirants.  In the third quarter of 2022, there were 1.1 people in Canada for every open position. Canada announces new study Visa Updates as well for the students. The hourly average wage offered rose by 7.5% to $24.20 per hour from the comparable quarter a year ago.

Various categories of in-demand occupations witnessed rise in offered earnings which have been considerably higher than the national average including : Middle management of employees mostly in trades, transportation, manufacturing, and utilities; aiding professions in support of health services (+10.7% to $22.45 an hour); assemblers in manufacturing (+10.4% to 20.05 an hour); and operators of processing and manufacturing machines and related production workers (+10.2% to $20.02 an hour).During the same span of time, the average hourly pay for all people increased by 5.3%.

The number of vacant positions in Canada’s healthcare and social assistance sectors is especially noticeable. Since the beginning of the COVID-19 pandemic, there has been a persistent need for more healthcare professionals. In response, Immigration, Refugees and Citizenship Canada (IRCC) has removed restrictions on physicians obtaining permanent residence and invested millions to streamline the accreditation of healthcare professionals with foreign education as Canada attempts to address this historic labour shortage. Other sectors with a noticeable number of openings are: Accommodation and food services  have 1,40,000 open positions, construction has 81,000 vacant jobs and professional scientific and technical services have 63,100 open positions.

While there are a lot of unfilled opportunities across Canada, certain provinces have a greater increase in the number of posts available. Once again, the significant percentage growth from quarter to quarter indicates the demand for employees. There are presently 155,400 jobs available in British Columbia, 32,400 in Manitoba, 364,000 in Ontario, 232,400 in Quebec, 24,300 in Saskatchewan, 103,380 in Alberta, 16,430 in New Brunswick, 8,185 in Newfoundland and Labrador, 1,820 in the Northwest Territories, 22,960 in Nova Scotia, 405 in Nunavut, 4,090 in Prince Edward Island, and 1,720 in Yukon.

Immigration becomes a top priority for the government as Canada attempts to alleviate labour shortages. Targeted draws for high-demand Canadian occupations are projected to become more common in 2023 under the Express Entry system of programmes. Following these adjustments, data on job openings within a certain industry can offer some insight into the professions which the IRCC might choose to focus its ITAs on in 2023.

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