Immigrants to Canada are likely to earn more money when they get here if they have previously worked or studied in this country.
That’s the suggestion made in a new report detailing the earnings of Canadian immigrants in 2019.
How much more?
Newcomers here previously with work-study permits had a median entry salary of $ 44,600, compared to $ 25,700 among those with no pre-admission Canadian experience.
These newcomers made $ 5,800, almost 15 percent, more than their Canadian peers, when it comes to their median entry income.
“Pre-admission experience in Canada, particularly that related to work, plays an important role in increasing wages for immigrants,” he said. Statistics Canada Study released Tuesday.
“It provides a path for immigrants to acquire language skills and knowledge of the Canadian job market.”
Notably, immigrants who only had prior work permits earned a median entry salary of $ 39,300 a year after admission, while those with only study permits had a much lower median earning of $ 15,100.
In general, the wages of newcomers are on an upward trend.
Median wages increased across all immigration categories and for men and women from 2010 to 2019. The median annual wage for male immigrants increased 10.2 percent annually from $ 32,500 in 2010 to $ 62,300 in 2019.
Although the median salary of their female counterparts also nearly doubled, the increase only amounted to $ 20,400, from $ 24,500 to $ 44,900 during the same period, at an average annual increase rate of 9.3 percent.
Those who became permanent residents in 2018 had the highest median entry wage among immigrants to Canada in four decades, according to the study.
The 2018 cohort earned an average income of $ 31,900 a year after obtaining their permanent residence in Canada, 4.2 percent or $ 1,300 more than immigrants who arrived in 2017 after their first year, he said.
Based on the 2020 Longitudinal Immigration Database, the researchers analyzed the newcomers’ starting salary broken down by immigration class (economic, family reunification, and refugee streams) and their previous study and work experience in Canada.
Overall, immigrants admitted as top applicants to the economic categories in 2018 had a median salary of $ 43,600 in 2019, 12.4 percent more than their Canadian peers ($ 38,800) and 3.8 percent more than their Counterparties admitted in 2017 ($ 42,000).
His dependents earned $ 27,600, seven percent more than their admitted counterparts in 2017 ($ 25,800).
While the median entry salary for refugees ($ 19,200) was the lowest among admitted permanent residents in 2018, it was still 2.7% higher compared to refugees admitted a year earlier ($ 18,700).
There was no change in the median entry salary among admitted family-sponsored immigrants in 2017 and 2018, which remained at $ 24,500.
The report, the first part of a two-part series on immigrant income outcomes, is intended to provide a baseline for measuring the impacts of COVID-19 pandemics on newcomers when data from those who were admitted to Canada in 2019 and thereafter. .
Reference-www.thestar.com