Canada Faces Labor Market Challenges Amid Surging Population Growth

Canada Faces Labor Market Challenges Amid Surging Population Growth

In a recent assessment by the National Bank of Canada, a critical gaze is cast over the country’s approach to economic expansion through aggressive population increase. The report underscores a glaring oversight in the national strategy: the actual employment prospects for the burgeoning population. As Canada celebrates reaching unprecedented immigration milestones, the looming question of employment for these new entrants persists. In January alone, the Canadian labor market welcomed an exceptional surge of 125,000 workers, marking a 4.7% growth rate


338 Federal Projection
Latest update: Feb 4, 2024.

Canadian News
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