Thursday, November 21, 2019
Correlation between GDP per capita and immigration rates in Canada Essay
Correlation between GDP per capita and immigration rates in Canada - Essay Example Immigration often affect the employment of the native residents but mainly being determined by the role the host countryââ¬â¢s residents play in the labor market (Nadeau 2011). Immigration is always caused by an individual decision to seek for a job opportunity and that is why the economy of the host country plays key role in instigating the immigration (Nadeau 2011). Especially when immigrants are very skilled labor they will be preferred over the hostââ¬â¢s nations residents who might not be having both experience and skilled manpower. High growth in a countryââ¬â¢s GDP means that more good things for a country and even though growth may not be the only requirement for better well being it is very essential because income and consumption is very important (Nadeau 2011). The cause for the rise of crisis within the employment sector as a result of immigration is partly due to the fact that immigrants create few employments opportunities as compared to the positions they are filling in. In Canada, immigration rate didnââ¬â¢t affect the countryââ¬â¢s economic growth until around 1980s when it then started affecting unemployment rate (Grubel and Grady 2011). In the last 10 years, there had been over 240,000 immigrants into Canada per year who have become permanent residents by virtue of admission. In 2003 there were a total of 221, 300 but later in 2010 the figure rose to 280,600 a big rise indeed (Grubel and Grady 2011). Among this immigrants majority are women who make up over half the total number of those admitted. Immigrants being admitted have women that are more represented in comparison with the other gender. Women also do make big portion of those dependents on the immigrants. In the above mentioned period women have made up to 60.2 % in family category, this range from 58.6 percent to 60.2 percent over the last 10 years (Grubel and Grady 2011). On the side of economic applicants principal men outnumbered women. Despite the fact that women are smaller in number among the economic principal applicants in relation to men their figure have been rising steadily over the past few years starting from 26.1 percent in 2003 and hitting 40.2 later in 2011 (Grubel and Grady 2011). There are a proportion of immigrants whom they are women mainly who came in as live caregivers. Over the last 10à years (2002ââ¬â2011), 68.5à percent (roughly 1.3 million) of all new immigrants aged between 15 and 64 indicating an intention to work upon arrival (Grubel 2009). This proportion ranged from a low of 66.4à percent in 2006 to a high of 70à percent in 2010. Furthermore, 38.8à percent of spouses and dependants of economic immigrants indicated an intention to work upon arrival, as did 99.8à percent of economic principal applicants. Across all categories, immigrant men (82à percent) are more likely than women (55à percent) to join the labour force upon arrival (Grubel 2009). Gross domestic product (GDP) per capita results fro m the GDP divided by the country population at the middle of the year. To find the GDP of a country, the cross value of all producers in the economy are added together plus any product taxes and subtract subsidies. The calculations do not consider the depreciation of assets or degradation of natural resources (Grubel 2009). The GDP calculation is normally done by the World Bank and IMF. The wealth of the country is normally determined by the GDP and in many occasions it does not reflect the real cost of living in a country. The GDP per capita for Canada for the last 10 years with percentage change is shown below. 2002 =$23,425=3.47 % 2003 =$27,335=3.06 % 2004 =$31,012=4.92 % 2005
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