Newer immigrants are struggling as the Canadian labour market goes through a rough patch.
The unemployment rate for recent immigrants – those who became permanent residents within the last five years – was 12.6 per cent in June, an increase of four percentage points from a year earlier, according to Statistics Canada. (All figures in this piece are three-month moving averages, unadjusted for seasonality.)
It’s a very different story for those born in Canada. Their unemployment rate was 5.5 per cent last month – up slightly from 5 per cent in June, 2023.
The gap in jobless rates between these groups is the largest since August, 2014.
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