Canada’s unemployment rate falls to all-time low of 5.2% || VO Visas
Canada’s unemployment rate falls to all-time low of 5.2% || VO Visas Canada's labour market remains very strong for Canadian-born and immigrant workers alike. Canada’s unemployment rate has fallen to a new all-time low once again. Statistics Canada reports it fell to 5.2 per cent in April, down from the previous record of 5.3 per cent that was set in March. Discover if You Are Eligible for Canadian Immigration The unemployment rate for people aged 25 to 54 is even lower, as it stands at 4.3 per cent, which is also the lowest recorded rate ever since comparable data became available in 1976. The unemployment rate among immigrants fell to 5.5 per cent in April, compared to 5.8 per cent in March. It fell across the three immigrant cohorts reported by Statistics Canada. It fell to 7.8 per cent among immigrants who gained permanent residence within the last five years, compared to 8.3 per cent in April. Among immigrants that gained permanent residence between 5 to 10 years ago, it fell