According to Statistics Canada's most recent Labour Force Survey (November 2022), women between the ages of 25 and 54 (considered to be of core working age) experienced a 0.4% increase in employment.

The most recent employment outcomes of recent Canadian immigrants are of particular interest, especially after Canada's most recent Immigration Levels Plan (2023-2025) announced record-high immigration targets over the next several years. Core working-age women who immigrated to Canada in the last five years had an employment rate of 69.7% in November 2022. This is the highest employment rate for recent Canadian immigrant women of core working age in November in the last 16 years.

The total employment rate among core working-aged Canadians rose0.8 time-over-year( YOY) to 84.7 in November 2022, an increase led by core-aged women. This group now has an employment rate of 81.6, besting a former record- high of 81.4 set in May 2022. The employment rate for core working-aged men has increased to 87.8.
General trends in employment in Canada
Taking a broader look at Canadian employment, November 2022 saw an increase of 10,000 jobs across the country. The national unemployment rate in Canada fell 0.1 percentage point to 5.1%. In November, Canada's employment participation rate fell to 64.8%.

The "average hourly wages of employees remained above 5% for a sixth consecutive month in November, up to $32.11" from November of 2021, despite this comparatively modest increase in employment. This would imply that newcomers to Canada will continue to have more opportunities to work while also increasing their earning potential over time.
Trends in employment by province
When deciding where to live in Canada, newcomers consider a variety of factors, including where they will have the most opportunities for employment. According to the most recent Labour Force Survey, different regions in Canada's 13 provinces and territories experienced different employment outcomes.

When deciding where to live in Canada, newcomers consider a variety of factors, including where they will have the most opportunities for employment. According to the most recent Labour Force Survey, different regions in Canada's 13 provinces and territories experienced different employment outcomes.

For example, employment increased in Quebec but decreased in five other provinces, while there minor changes in Canada's remaining four provinces and three territories. These results are outlined below.

Quebec: Overall employment increased by 28,000 jobs in November 2022, while the provincial unemployment rate "reached a new record low of 3.8%." The majority of the reported job gains were concentrated in Montréal, where employment increased by 1.1%.

Prince Edward Island: Overall employment decreased by 1.7%, causing the unemployment rate to jump to 6.8%.

Newfoundland and Labrador: Total employment fell by 1.5%, though the unemployment rate remained relatively steady at 10.7%.

Manitoba: Employment fell by 0.8%, but the provincial unemployment rate remained unchanged at 4.4%.

Alberta: As employment fell by 0.6% in the province, the unemployment rate increased to 5.8%.

British Columbia: In November, total employment in this province fell by 0.5%. Part-time employment suffered the most losses.

Ontario: The provincewide unemployment rate fell by 0.4 percentage point (to 5.5%).
Trends in employment by industry
Finance, insurance, real estate, rental and leasing, manufacturing, information, culture, and recreation all saw increases in employment across Canada (ICR).

"The number of people working in finance, insurance, real estate, rental, and leasing increased by 21,000 in November," while 11.2% of employed Canadians held jobs in the retail trade industry.

Manufacturing employment in Canada increased by 1.1% in November 2022. This growth was most noticeable in Alberta, where industry employment increased by 4.7%. Another notable increase in this industry employment was in Quebec, which saw an increase of over 10,000 manufacturing jobs.

Employment in the ICR industry increased by 1.9% in November and by 4.5% over the previous year.

In contrast, total employment in the construction industry, as well as wholesale and retail trade, has decreased across Canada.

Since the last Labour Force Survey in October 2022, employment in the construction industry has decreased by 1.6% across Canada. These declines were most noticeable in Alberta and British Columbia. Employment in the wholesale and retail trades fell 0.8% in November, bringing the industry's total decline to 4.4% since May 2022. The majority of the decline in this industry occurred in Ontario and Alberta.

In November 2022, employment in Canada's professional, scientific, and technical services industries fell by 0.8%, while employment in the information and communications technology sector fell by 3.8% year on year, with 34,000 fewer people employed in this industry than in November 2021.
Looking ahead
The above-mentioned employment results by industry explain why Provincial Nominee Programs (PNPs) are becoming more important in Canadian immigration across the country. With the expectation that Canada will continue to target more foreign nationals through PNPs rather than Express Entry, it is clear that the government is working harder to address specific labour market gaps in all Canadian regions that operate a PNP.

Changes in industry-specific employment are also the reason that Canada is expected to make changes to Express Entry draws — the federal government's main method of bringing foreign skilled workers to Canada through permanent residence — as early as next year.

Canada is expected to begin conducting Express Entry draws targeting foreign nationals working in specific occupations or with specific language skills/educational backgrounds as early as Q1 2023. Canada recently transitioned from the NOC 2016 system to the NOC 2021 new Training, Education, Experience and Responsibility (TEER) system. With the help of this new system, Canada will be able to better understand its labour market, anticipate occupations, analyse the supply and demand of labour, and offer both Canadians and foreigners more specialised job training and skill development.

These adjustments will ultimately help Canada attract more employable immigrants with specialised skills to this nation to better meet the needs of particular regional job markets, particularly in industries with the greatest labour shortage.

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