Canadian employment rate

Today I will share with you knowledge about Canada's employment rate. If it happens to solve the problem you are currently facing, don't forget to follow this website. Let's begin now! Introduction to the employment prospects of studying in Canada: Staying in Canada or returning to your home country?

The employment prospects of studying abroad are a question that many students who go to study in Canada will consider first. So, do you know what the employment situation is like in Canada? Let's take a look together at the introduction to the employment prospects of studying in Canada: Is it better to stay in Canada or return to your home country?

First, let's take a look at the prospects of returning to China for employment. 1. The competitive advantages of overseas students in domestic enterprises According to this report, the average competitiveness of returning graduates is 38.3% higher than that of local talents with the same education level and work experience, and 1.8% higher than that of graduates from first-class universities.

Although the average salary expectations for returning graduates in domestic employment (8315 yuan) are still declining, their overseas education background also brings certain salary advantages. As fresh graduates, the average salary of returning graduates in 2017 was 17.2% higher than that of local talents with the same education level. However, this advantage will gradually decrease over the next three years, until the work experience exceeds eight years, when the salary advantage of returning graduates will begin to significantly increase. 43.2% of them can earn more than 20,000 yuan per month, which is nearly 30 percentage points higher than that of local talents, and this difference becomes more noticeable when the work experience reaches 10 years.

TIPS: With an increasing number of people studying abroad, the phenomenon of polarization in talent quality is also very prominent. On one hand, 20% of highly competitive international students have higher attention to their resumes, job response rates, and other data compared to the average graduates of top universities in China, with differences ranging from 10-20%.

On the other hand, another 15% of international students have workplace competitiveness even lower than domestic students from second-tier universities in China, with resume response rates only half of the average for domestic talent. Therefore, it is very important to choose the right major and university.

2. The employment prospects for international students in domestic companies vary among different countries. In terms of the category of countries where students study abroad, returnee students from the United States, France, and Australia are more welcomed by employers, with the United Kingdom ranking fourth. The employer recognition of Asian countries' students, such as Japan, South Korea, and Singapore, is slightly lower than that of Europe and America, with an average competitiveness value of 80-90% compared to the former.

The specific country of study also affects salary levels. According to data released by the Ministry of Education, the destination countries for studying abroad are highly concentrated. In 2016, over 90% of overseas students went to the United States, United Kingdom, Australia, and 10 other countries, with nearly 80% going to English-speaking countries. The report also shows that French and German students have the highest average salaries, with the United States ranking third. This is related to the higher early return on investment in the market and business positions for students with proficiency in less commonly spoken languages.

3. The employment prospects for international students are promising in the fields of education, finance, and other sectors. From the perspective of domestic employers, the top three industries with the highest demand for overseas returnees are education and training, finance, and internet technology. The demand for returnees in these three industries accounts for 50.6% of the total. Among them, the education and training industry specifically states that positions requiring overseas study backgrounds make up 3.1%, which is several times higher than other industries.

Due to the strong demand for international students in the education and training sector, as well as the gradual dilution of the proportion of overseas returnees willing to choose this industry, the supply of overseas returnees talents is most scarce, with supply and demand indexes of 74 and 91 respectively. In contrast, the real estate and cultural entertainment industries have limited positions related to overseas returnee talents, and the talent abundance is highest, with supply and demand indexes reaching 126 and 123 respectively.

Next, let's take a look at the prospects of staying in Canada. After graduation, international students can also apply for a post-graduation work permit to legally work in Canada. After the application is submitted, the immigration office will issue a work permit of different durations based on the length of the applicant's study in Canada. The conditions for applying for a post-graduation work permit are as follows:

The duration of the program studied by the applicant should be no less than 8 months and full-time. Applicants must graduate from Canadian public colleges and universities, and some private schools that meet the criteria are also acceptable. They must complete their studies and obtain qualification diplomas or certificates issued by the institution.

They must apply within 90 days after receiving the graduation certificate or transcript issued by the institution. They must apply within the valid period of their study permit. It is important to note that the validity period of the post-graduation work permit issued by the immigration authorities is determined based on the length of the study program set by the institution. This means that if you are in a four-year undergraduate program and graduate in three years due to hard work, you will still be eligible for a work permit based on the four-year study period. Similarly, if you are in an 8-month course but take 2 years to complete it, you can only obtain a work permit based on the 8-month period.

Finally, let's take a look at which cities have high employment rates. TOP1. Kelowna, British Columbia In the past year, it has seen a 14.3% increase in employment and an unemployment rate of only 5.4%. One and a half years ago, this city experienced a drastic drop of 33 positions in the national employment ranking, becoming the worst city to find a job in the country. However, this year it has made a stunning turnaround and has become the best city in the country to find a job. On the other hand, the city also experiences significant fluctuations in employment.

TOP2. Hamilton, Ontario In the past year, there has been a 12.5% increase in employment and an unemployment rate of only 4.2%. The former steel city is now experiencing a resurgence. The report states that employment in the city has skyrocketed by 12.5% in just one year, causing it to jump 25 places in the rankings. However, not all of the new jobs may have been generated locally, as the labor market survey is based on employment in the place of residence, and some residents may commute to work in surrounding areas or other districts. Nevertheless, the data does indicate that the local employment situation is favorable to some extent.

TOP3. Kitchener, Ontario Over the past year, there has been a 4.9% increase in new employment with an unemployment rate of only 4.5%. The local high-tech industry is thriving and, coupled with the economic boom in Toronto, it has risen by 4 positions in the ranking. Like other small cities around Toronto such as Barrie, many people who cannot afford housing in Toronto are flocking to this area.

TOP4. Winnipeg, Manitoba In the past year, there has been a 2.6% increase in employment, with an unemployment rate of only 5.5%. Winnipeg has experienced a significant jump of 17 places in employment rankings in the past year, helping the province of Manitoba escape the high unemployment rate that was prevalent at the end of last year. The sharp decline in oil prices was the main cause of the severe impact on employment in Manitoba last year.

TOP5. Barrie, Ontario In the past year, there was a 2.0% job loss, with an unemployment rate of only 6%. Despite a small amount of job loss in the past year, the city's employment ranking has still risen by 12 places. Toronto's housing prices have skyrocketed, forcing many people to move farther away. Barrie, located only 115 kilometers north of Toronto, has naturally become the preferred choice for many people.

Is the human resources profession in Canada good for employment? Good employment prospects. 1. Good job prospects. Graduates of Canadian human resources programs can work as management consultants, compensation consultants, labor lawyers, office managers, pension managers, recruitment specialists, etc. They receive good salaries and work in good office environments.

2. High employment rate. Canadian human resources graduates have higher educational qualifications, less employment pressure, and strong competitiveness, so they have good employment opportunities in the field of human resources in Canada. Which has a higher employment rate in the local area, the MBA program or the business college program in Canada?

The business college program. In Canada, the employment rate for college graduates in business is around 92%, while the employment rate for MBA graduates is around 80%. The field of business covers a wide range of disciplines and involves various professional areas. Different countries and universities also have differences in the specialization of business programs, with the FAME fields (finance, accounting, management, and economics) being representative.

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