Lower immigration expected to result in higher wages -- #MotivatingMondays Episode 19

In this episode of #MotivatingMondays, we talk about ongoing reductions to immigration and how they will likely increase wages while reducing unemployment. The Conference Board of Canada expects these dynamics will drive the unemployment rate lower in the coming years, down to 6.2 per cent in 2026 and 5.8 per cent in 2027. For both of these things to be true, we need scarcity in the labour market and we're still just not there. According to July data from StatsCan, the number of available jobs hasn't been this low since 2017.#MotivingMondays, is a weekly YouTube series dedicated to help Canadian job developers and other employer engagement professionals develop the tools, resources, expertise and network needed to excel in achieving sustainable employment outcomes for their clients and students.If you would like to join us LIVE, we meet every Monday morning online with job developers from across Canada to discuss a new topic. Meetings are 30 minutes and start at 8:30 Pacific; 9:30 Mountain; 10:30 Central; 11:30 Eastern; 12:30 Atlantic and at 1pm in Newfoundland and Labrador.To start your FREE membership in the Canadian Job Development Network, please visit: www.JobDevelopment.org and click our membership tab: https://lp.constantcontactpages.com/sl/ieuhtvc Video Link: https://youtu.be/XD6CXOGhHMA Email: [email protected]: www.JobDevelopment.org