Immigrant employment rate in 2018

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The Canadian press reports that the employment rate among recent immigrants between the ages of 25 and 54 reached a 12-year high in 2018.

The news agency received a document from the Federal Ministry of Finance in January stating that the employment rate for immigrants of this age group who came to Canada less than five years ago was 71%.

It was the highest level registered since 2006.

High employment results are due to the fact that many federal and provincial immigration programs are focused on such human capital factors as education, work experience and knowledge of English or French.

The memo also touched on results for second-generation Canadians who live better than Canadian-born children when it comes to education and income.

Just over 40 percent of second-generation Canadians between the ages of 25 and 44 have higher education, compared with only 24 percent of Canadians whose parents were born in Canada.

As for income, second-generation Canadians earn an average of $ 4,000 a year more than their peers with two Canadian parents ($ 55,500 and $ 51,600).