Monday, June 17, 2019

Correlation between GDP per capita and immigration rates in Canada Essay

Correlation between GDP per capita and immigration rates in Canada - Essay ExampleImmigration often affect the employment of the native residents but chiefly being determined by the role the host expanses 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 state of matter plays key role in instigating the immigration (Nadeau 2011). Especially when immigrants are very skilled labor they will be preferable oer the hosts nations residents who might not be having both experience and skilled manpower. High growth in a countrys GDP means that more than good things for a country and even though growth may not be the only requirement for let on 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 resultant role 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 didnt affect the countrys 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 cede 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 do 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 a pplicants principal men outnumbered women. disdain 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 10years (20022011), 68.5percent (roughly 1.3 million) of all new immigrants aged between 15 and 64 indicating an aspiration to work upon arriver (Grubel 2009). This proportion ranged from a low of 66.4percent in 2006 to a high of 70percent in 2010. Furthermore, 38.8percent of spouses and dependants of economic immigrants indicated an bearing to work upon arrival, as did 99.8percent of economic principal applicants. Across all categories, immigrant men (82percent) are more likely than women (55percent) to join the labour force upon arrival (Grubel 2009). Gross domestic pr oduct (GDP) per capita results from the GDP divided by the country population at the middle of the year. To find the GDP of a country, the cross grade 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 abasement 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 permute is shown below. 2002 =$23,425=3.47 % 2003 =$27,335=3.06 % 2004 =$31,012=4.92 % 2005

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