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  • Boom, Bust and Consolidation November 9, 2018
    The five largest bitumen-extractive corporations in Canada control 79.3 per cent of Canada’s productive capacity of bitumen. The Big Five—Suncor Energy, Canadian Natural Resources Limited (CNRL), Cenovus Energy, Imperial Oil and Husky Energy—collectively control 90 per cent of existing bitumen upgrading capacity and are positioned to dominate Canada’s future oil sands development. In a sense they […]
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    Canadian Centre for Policy Alternatives
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    Canadian Centre for Policy Alternatives
  • Kate McInturff Fellowship in Gender Justice September 19, 2018
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    Canadian Centre for Policy Alternatives
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The Progressive Economics Forum

No News is Bad News for Canada’s Job Market

Today’s job numbers are remarkably similar to last month’s figures. Total employment as well as employment in most sectors and industries was virtually unchanged. Stagnation is bad news given our growing population and that 1.4 million Canadians remain unemployed.

There were also some notable shifts beneath the headline numbers. Total employment stayed the same because 32,200 additional part-time positions masked the loss of 32,400 full-time jobs. There was also a regional shift, with job gains in the western provinces offsetting employment declines in Ontario and Quebec.

A flat jobs report for June is perhaps not surprising on the heels of the incredible numbers reported for May. Putting aside fluctuations in the monthly data, the underlying story seems to be that Canada’s job market has been crawling along at a snail’s pace in 2013.

As Statistics Canada notes, employment growth has averaged 14,000 per month in the first half of this year. That is not enough to keep pace with population growth, let alone put a dent in unemployment.

UPDATE (July 7): This commentary was quoted on the front page of yesterday’s Toronto Star business section. My commentary on Thursday’s Statistics Canada article on youth employment was picked up by The National Post, Yahoo Finance and Canadian Press (using my pseudonym).

Enjoy and share:

Comments

Comment from R
Time: February 19, 2014, 3:45 am

The entire immigration, educational, medical system is a ponzie scheme scam cooked up by industry, government, and some agencies to enrich themselves. The mass migration of all sorts into Canada is only going to worsen the social, employment, unemployment, underemployment problems. It is a lie that declining births require the import of uncontrolled immigration and constant wasteful retraining at high expense to keep the economy going. The immigration, education, medical money milking machine is just siphoning wealth out of Canadian citizens, residents, immigrants alike. The schools, corporations, governments, and their supplies are benefiting by keep the scam going. Over supply of workers local and foreign will keep wages slavishly low, supply consumers, and supply tax revenue to governments. The ordinary people are all just treated like cattle. Some Canadian city regions are worse than others for jobs. Victoria BC is a good example. The metro region is very restricted, uptight, cliquey in all cultural things (economic, social, political). Education credentials, and experience doesn’t matter as everything is done by nepotism, corruption, connections. They will make up whatever excuses to say no, and never yes. Victoria BC good is bad and bad is even more bad. Other cities have their own version of corruption. Read the comments of those who came before you on http://www.ratemyemployer.ca, http://www.topix.com (Victoria BC section), http://www.yelp.com, http://www.thedirty.com, Yahoo Answers, Better Business Bureaus, etc. Insider information is a source of power. Naive ignorance is not bliss.

Comment from L
Time: May 5, 2014, 2:43 am

Victoria BC Canada is also where the 2014 McDonald’s Restaurants, Temporary Foreign Labour program corruption scandal started and then exploded across Canada to other cities and provinces. The hunt for other employers lying about having no citizen staff and needing to import cheap slave labour, is now going across Canada to other employers of all types and sizes. This is unsurprising as British Columbia (BC=Bring Cash) and Greater Victoria are famous for its culture of cheap and restricted. They are lacking in prospects and opportunities. It is not only about money, the social life is equally cliquey and restricted. You should also read web sites like Better Business Bureaus, Yahoo Answers, “Why Some Immigrants Leave Canada”, and others to get the big full picture of what life is like before you blindly and ignorantly move there.

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