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RSS FeedsCensus data says youŽll make a lot more than your immigrant parents, but your kids wonŽt make as much as you
(The Star Television)

 
 

21 january 2018 20:19:57

 
Census data says youŽll make a lot more than your immigrant parents, but your kids wonŽt make as much as you
(The Star Television)
 


Children of immigrants make a lot more money than their parents but their kids wonŽt make as much as them, the latest census shows.While visible-minority immigrants tend to earn less than their white immigrant counterparts, their kids more than make up the income gap between the two groups and also outperform their white peers in the second generation, according to a report by the Association of Canadian Studies based on 2016 census data.Part of the study, to be presented at a national conference in March on immigration and settlement policies, examines the ethnic differences in after-tax incomes across first, second and third generations of immigrants by ethnicity in the prime working age between 35 and 44.For immigrants - white or non-white - that upward socioeconomic mobility based on earnings fizzled by the third generation when all groups, except for the Korean and Japanese, made significantly less money than their second-generation parents.According to Jack Jedwab, the reportŽs author, visible-minority immigrants made an average of $38,065 a year, compared to $47,978 earned by white immigrants.Overall, children of visible-minority immigrants made a 47 per cent leap in their average earnings above their parents, making $55,994 annually, surpassing their white second-generation peers, who made $54,174 annually or 13 per cent more than their own parents. (The white group also includes those who self-identified as Aboriginal, who makes up 6.1 per cent of the group.)While all children of immigrants of colour did better than their parents, some communities fared better than others.Second-generation South Asians made the most progress, earning an average of $62,671, up from $38,978 from their immigrant parents. Their Chinese peers, who had the highest average annual income of all groups at $65,398, made 50 per cent more than first-generation Chinese immigrants who made $43,085.`The entire second generation enjoyed a higher mobility though some communities were fa ...


 
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