The share of searches by Canadian job seekers on the platform for positions in the U.S. was 1.9 per cent in the second quarter of 2019, a 36 per cent drop compared to mid-2016. The decline may have been driven partly by tighter immigration policy in the U.S., as well as there being more opportunities in Canada, where the number of job postings has grown faster than the U.S., wrote Brendon Bernard, an Indeed economist, in a blog post. He also said the data “suggests brain drain pressures have moderated.” (The Logic)
Talking point: Tech firms may not benefit as much from the drop as other sectors. While U.S. searches represent a relatively small portion of Canadian searches, it’s significantly higher for science, engineering and technology roles—11 per cent for R&D engineering postings; and nine per cent for data scientists, as well as machine learning and senior software engineers. It’s easier for engineers and scientists to get U.S. visas than other professions under the North American Free Trade Agreement. Canadian companies may have to raise salaries to compete for that talent. Bernard noted that interest is higher for positions that are significantly better-paid in the U.S. than in Canada, even when wages are high in both countries.