The median entry wage of new immigrants decreased by 10.6% in 2023 but remained above its pre-COVID-19 pandemic level

The median wage earned by new immigrants in Canada one year after admission can be a good predictor of their future economic outcomes. The real median entry wage (after adjusting for inflation) of newcomers decreased by 10.6% from 2022 to 2023, the largest decline since 1991.

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