Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Report on Business

Economy Lab

Delving into the forces that shape our living standards
Best Business Blog, EPPY awards, 2011 and 2012

Entry archive:

Economy Lab has moved

Only Globe Unlimited members will now have access to a wide range of insightful commentary
and analysis on the economy and markets previously offered on this page.


Globe Unlimited subscribers will be able to read these columns,
written by some of Canada’s most deeply respected economists,
such as Christopher Ragan, Sheryl King, Andrew Jackson, and Clement Gignac,
as part of our ROB INSIGHT section.


All of our readers will still be able to browse the Economy Lab archives and read our
broader coverage of economic data and news by accessing their 10 free articles a month.


Learn more about Globe Unlimited and how to subscribe.

(SHAUN BEST/SHAUN BEST/REUTERS)
(SHAUN BEST/SHAUN BEST/REUTERS)

Economy Lab

New Canadians missing jobs recovery Add to ...

Canada's jobless rate is subsiding from elevated levels during the recession for most demographic groups except one -- recent immigrants.



As of last month, the unemployment rate for Canadian-born people was 6.2 per cent, down from the same month a year earlier when it was 6.7 per cent. The jobless rate for all immigrants declined to 8.8 per cent from 9.9 per cent in April of last year, according to numbers crunched by the Toronto Immigrant Employment Data Initiative.



The numbers for recent newcomers suggest the recovery has yet to boost their job prospects. The unemployment rate for recent immigrants (landed within the last five years) is 13.9 per cent compared with 14.3 per cent last year. And it's been consistently above the 12-per-cent mark since early 2009.



Their analysis also shows a much lower participation rate for recent immigrants. The participation rate for newer arrivals is 71.6 per cent, compared with 81.8 per cent for all immigrants and 87.7 per cent for Canadian-born workers.



TIEDI compiles the numbers using three-month averages from Statistics Canada's labour force survey. Statscan said Friday the country's official jobless rate is 7.6 per cent, matching a two-year low.



Follow Economy Lab on twitter



 

In the know

Most popular videos »

Highlights

More from The Globe and Mail

Most popular