thebaccarat| Canada's poverty rate continues to grow in 2022, and people's income levels decline

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Chinanews.com, Toronto, April 26 (Reporter Yu Ruidong)-income survey data released by Statistics Canada on April 26 show that by 2022, Canada's poverty rate has increased for two consecutive years, while the level of public income has declined.

Adjusted for inflation, the median after-tax income for Canadian households and singles in 2022 is 7.ThebaccaratC $0.050 million, down 3.4% from the previous year. The Bureau of Statistics noted that although market revenues remained relatively stable, the median government transfer payments declined in 2022 due to the end of relief welfare measures related to the epidemic. And the inflation rate for the whole year of 2022 was 6.8%, all of which led to a decline in people's income compared with the previous year.

According to the official Canadian measure, by 2022, 9.9 per cent of the country's population, or about 3.8 million people, will be living below the poverty line. The proportion is 7.4% in 2021. This shows that the poverty rate in the country is approaching the level of 10.3% in 2019, before the outbreak.

The poverty rate of children under the age of 18 rose from 6.4% in 2021 to 9.9% in 2022, also exceeding the level of 9.4% in 2019, before the epidemic. From 2019 to 2022, the poverty rates of people aged 65 and above were 5.7%, 5.6% and 6.0%, respectively.

Among the provinces, Nova Scotia has the highest poverty rate of 13.1% in 2022. Quebec is the lowest, at 6.6%.

In 2022, 26 per cent of singles live below the poverty line, with a household poverty rate of 6.6 per cent. It shows that singles are more likely to fall into poverty. The poverty rate for ethnic minorities is 13 per cent, an increase of 3.5 percentage points over 2021. Among them, the poverty rates of South Asians, Chinese, and blacks, the three major ethnic minorities, are 11.5%, 15.6% and 13.9% respectively.

Statistics also show that people with disabilities and new immigrants are facing a relatively higher poverty rate.

At the same time, in 2022, about 8.7 million people, or about 22.9% of the total population, lived in households with some form of food insecurity, an increase of 18.4% over the previous year and the second year in a row. The proportion of the population facing mild food insecurity is relatively stable, about 6 per cent. The proportion of people with moderate and severe food insecurity is 10.9% and 6% respectively, and the proportion has increased. The proportion of single-parent families and non-elderly people living alone in food insecurity is 43.4% and 30.5% respectively, indicating that the risk is particularly high.

Employment-related data released a day earlier by Statistics Canada showed that the country had about 656700 job vacancies in February, an increase of 3.4 per cent from the previous month.

Among the 20 industry sectors covered by the statistics, seven sectors, including accommodation and food services, manufacturing and retail trade, showed a month-on-month decrease in employment. Public administration, finance and insurance, health care and social assistance, and employment in the real estate sector have increased.

Statistics also show that the average weekly income of Canadians in February was C $1232, an increase of 0.5% from the previous month, achieving the second consecutive month of growth and maintaining the same growth rate.

Data show that in February this year, there were about 1.9 unemployed people for every job opening in Canada. The Canadian Bureau of Statistics points out that this proportion has been stable since September 2023.