
The economic impact of job vacancies has been severe as more than half of Canadian businesses have said that labour shortages are limiting their ability to increase productionThe Canada government has decided to modify its Express Entry system in a bid to counter its persisting labour shortage woes post pandemic. The new rules will be effective from 2023, as per news reports. Besides, the country is also planning to issue Invitations to Apply for Permanent Residence (ITA) to candidates with specific work experience and education.
As per news reports, Canada has record high job vacancies, especially in the education sector after the pandemic. The current job vacancy rate stands at 5.7 per cent, a report by Citizenship and Immigration Canada stated. This has prompted the Justin Trudeau government to open up immigration targets, including the Express Entry programs.