Immigrants in Canada face worst job crisis in 10 years

These latest numbers show the unemployment rate among immigrants is the largest since 2014.

Immigrants who moved to Canada eyeing a better life are grappling with the worst job crisis in a decade. The unemployment rate for recent immigrants in the last five years was 12.6% in June, the worst in 10 years. Indians, being the biggest national cohort to get permanent residency in Canada, are likely to be the worst hit.

The unemployment rate of 12.6% is four percentage points lower than 2023, according to Statistics Canada.

The unemployment rate for those who were originally from Canada was 5.5%. In 2023, it was 5%.

These latest numbers show the unemployment rate among immigrants is the largest since 2014.

In 2023, out of the 471,810 new permanent residents, Indians were 139,785 or nearly 30%.

Since 2019, according to data from Immigration, Refugees and Citizenship Canada (IRCC), of the new permanent residents, 1,841,250, Indians were 514,435 in number.

“There were 1.4 million unemployed people in June 2024, an increase of 42,000 (+3.1%) from the previous month," Statistics Canada revealed in a recent report.