Working multiple jobs in Canada is not uncommon. There are no specific laws preventing immigrants from holding more than one job at one time, but the majority of provinces and territories permit two full-time jobs. Full-time employment is defined as at least forty hours per week, not including overtime requests and the employers' obligation to pay for it. Consequently, many immigrants work more than one full-time job. This article looks at the future of employment in Canada, and what it means for core-age workers.
Careers in the IT industry
The IT sector is one of the fastest-growing career segments in Canada, and it will continue to grow even more in the coming years. In particular, IT professionals who possess programming and design skills will be in high demand in 2022. With technology advancing at a rapid pace around the world, Canada is ideally positioned to take advantage of this trend. Many companies are already setting up delivery centers in Canada, and business-friendly policies have drawn global giants to the country.
A recent report from LinkedIn showed that Canada has some of the most in-demand jobs in the world. According to this report, half of the ten fastest-growing IT jobs in Canada are in the tech sector. This shows that Canada is rapidly becoming an industry reference in deep technology and connectedness. There are job openings for a wide range of skills across Canada, and individuals with different backgrounds and skill sets are likely to find an appropriate match.
Demand for software engineering experts
There are numerous job opportunities for software engineers and designers in Canada, but the demand for these professionals is projected to grow at the fastest rate. According to the latest statistics, there will be a demand for about 27,500 software engineers and designers by 2022. The increase in demand will come from a variety of sources, including immigration and mobility. For this reason, several firms are moving to Canada to meet this demand.
Applicants who are new to Canada should consider training and certifications to increase their chances of landing an IT job. Though most jobs in Canada do not require licensing, certifications in particular technologies can provide an advantage over other applicants. If they are a native of another country, their software engineering experience may transfer well into the Canadian market, but foreign-born workers may need to learn the language before applying for a position in Canada.
Demand for key account managers
With the recent COVID-19 pandemic, there have been several changes to the Canadian labor market, and a new report from Randstad Canada has identified the top paying and best jobs in the country for 2022. A key trend that will continue to impact the Canadian labor market shortly is the shift toward remote work. Additionally, business needs have changed, resulting in a need to reskill employees. The report also reveals that skills shortages in Canada will continue to be a concern in the coming years.
To succeed in the role of key account manager, you must possess a wide range of skills and knowledge. Among the most important qualities of a key account manager include developing strategic plans, driving demand, nurturing customer relationships, leading cross-functional teams, and identifying growth opportunities. As such, you must act ethically, build strong business relationships, and know-how to handle budgets. And because this job is so vital for many companies, you'll be well-prepared to take advantage of these changes.
Unemployment rates for core-age population
The employment rate for the core-age population in Canada was unchanged in April, but the participation rate rose from February's record low to an all-time high of 84.9% in April. Core-aged men's unemployment rate remained unchanged at 4.1%, while it fell slightly to 81.2%. While these numbers aren't representative of the entire workforce, they show a positive trend for Canadians.
In May, the number of full-time workers rose by 40,000, resulting in a new record low of 5.1% for the core-age population. This rate is the lowest it has been since 1976. Employment in the public sector has remained relatively stable, although the rate has been falling since 1976. The employment rate among core-age workers has also been increasing, with employment in the professional, scientific, and technical services sector growing faster than the overall economy. Meanwhile, the number of people working in retail declined slightly after two months of growth.
The employment rate for youth is an important factor in the Canadian labor market. The young may represent a source of labor and may ease the tight labor market, although the aging working-age population is likely to continue to shrink in the coming years. The government has set ambitious immigration targets, requiring more than 400,000 immigrants per year until 2024. The current labor market is a very tight one for workers and it's essential to tap into it as soon as possible.
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