United States β Job Market Update
πΊπΈ United States β Job Market Update
1. May 2025 Job Report (Preliminary):
Unemployment Rate: 3.9% (slightly up from April's 3.8%)
Jobs Added: ~180,000 (mainly in healthcare, hospitality, and construction)
Wage Growth: 4.2% year-over-year
2. Trends:
Tech Hiring: Stabilizing after major layoffs in 2023β24. AI-related roles and cybersecurity are growing.
Manufacturing & Logistics: Experiencing moderate growth due to reshoring initiatives.
Remote Work: Still common in tech and finance, but hybrid models are increasing.
3. Visa & Immigration:
H-1B Reform: New lottery rules expected in late 2025 to prioritize U.S. master's holders.
Green Card Backlogs: Slight progress in employment-based categories, but delays remain.
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π¨π¦ Canada β Job Market Update
1. April 2025 Labour Force Survey (latest from StatsCan):
Unemployment Rate: 6.2% (up 0.1% from March)
Jobs Added: ~40,000 (boost in health care, professional services)
Wage Growth: 5.1% year-over-year
2. Trends:
Tech & AI: Growing investment, especially in Toronto, Montreal, and Vancouver.
Healthcare & Skilled Trades: Facing worker shortages; strong demand.
New Immigrants: Job integration improving, but recognition of foreign credentials remains a challenge.
3. Immigration News:
Express Entry: New draws now prioritize healthcare, tech, and skilled trades.
Post-Graduation Work Permit (PGWP): IRCC considering reforms for better transition to
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