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  • Ontario's middle and working class families are losing ground August 15, 2017
    Ontario is becoming more polarized as middle and working class families see their share of the income pie shrinking while upper middle and rich families take home even more. New research from CCPA-Ontario Senior Economist Sheila Block reveals a staggering divide between two labour markets in the province: the top half of families continue to pile […]
    Canadian Centre for Policy Alternatives
  • Join us in October for the CCPA-BC fundraising gala, featuring Senator Murray Sinclair August 14, 2017
    We are incredibly honoured to announce that Senator Murray Sinclair will address our 2017 Annual Gala as keynote speaker, on Thursday, October 19 in Vancouver. Tickets are now on sale. Will you join us? Senator Sinclair has served as chair of the Truth and Reconciliation Commission (TRC), was the first Indigenous judge appointed in Manitoba, […]
    Canadian Centre for Policy Alternatives
  • How to make NAFTA sustainable, equitable July 19, 2017
    Global Affairs Canada is consulting Canadians on their priorities for, and concerns about, the planned renegotiation of the North American Free Trade Agreement (NAFTA). In CCPA’s submission to this process, Scott Sinclair, Stuart Trew and Hadrian Mertins-Kirkwood point out how NAFTA has failed to live up to its promise with respect to job and productivity […]
    Canadian Centre for Policy Alternatives
  • What’s next for BC? July 4, 2017
    Five weeks ago the CCPA-BC began a letter to our supporters with this statement: “What an interesting and exciting moment in BC politics! For a bunch of policy nerds like us at the CCPA, it doesn’t get much better than this.” At the time, we were writing about the just-announced agreement between the BC NDP […]
    Canadian Centre for Policy Alternatives
  • Could skyrocketing private sector debt spell economic crisis? June 21, 2017
    Our latest report finds that Canada is racking up private sector debt faster than any other advanced economy in the world, putting the country at risk of serious economic consequences. The report, Addicted to Debt, reveals that Canada has added $1 trillion in private sector debt over the past five years, with the corporate sector […]
    Canadian Centre for Policy Alternatives
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The Progressive Economics Forum

Job Market Worsens in January

After five months of  job gains, the job market turned dismal in January. Officially, the unemployment rate fell from 7.1% to 7.0%, the lowest it’s been since December 2008. This is despite a loss of 45,800 jobs (not counting self-employment). The explanation is an out flux of discouraged workers from the labour market, which caused the ‘real’ unemployment rate (R8) to jump from 9.4% to 10.7%.

Gains in self-employment masked the job losses, as there was an increase of nearly 24,000 self-employed persons in January, for an official loss of 22,000, nearly all in full-time positions. Ontario suffered the worst losses in employment and labour market participation, losing 39,000 employees and gaining only 8,000 self-employed persons.  All of Ontario’s job losses were in full-time positions.

As we approach the 2013 Federal budget, we need to push for public investments in infrastructure and training that will lead to good jobs and increased productivity. This is the worst time to be blaming the unemployed for the lack of jobs.  This government talks a lot about jobs and growth, now it’s time to do something about it.

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Comments

Comment from Paul T. (I will not self identify)
Time: February 8, 2013, 11:40 am

three issues that trouble me with this report

1) Manufacturing Employment drops 21k- not good for growth and flies in the face of Phillip Cross’s assessment that things are just fine in manufacturing things are not.

2) self employment – masking more of a drop in employment- this question needs to be seriously redefined- self identifying self-employment is troubling for me- especially when you look at the long term trend of this variable it is a bit of a head scratcher in figuring this one out. Statcans need to re-evaluate how they define this- but it continues to contaminate.

3) Construction up increases 17K- and that is seasonally adjusted- are you kidding me- did anybody step outside this winter and notice how harsh this winter was??? Anybody that knows this survey knows that harshness of winter impacts the seasonal adjustment process. I wonder if we are not somehow free riding off the last few winters that have have been warm and worked their nasty little outlier asses off into reeking havoc on the adjustment process. (will have to check the raw data later) Also folding the housing drops since last fall, I fail to see such pressure for growth in this industry.

But then again, we do have wide wide Standard errors. Maybe we need to rethink monthly releases and start working toward quarterly. Especially given the fact that the census data for 2011 will be more erratic- I wonder what those National Housing response rates truly are?? I think it is time we put together an access to information request and found out.

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