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This afternoon I gave a presentation to Professor Ted Jackson’s graduate seminar course on higher education, taught in Carleton University’s School of Public Policy and Administration. The link to my slide deck, titled “The Political Economy of Post-Secondary Education in Canada,” can be found here. Points I raised in the presentation include the following: -Tuition [...]
Posted by Nick Falvo under debt, demographics, economic risk, education, employment, household debt, Indigenous people, inequality, post-secondary education, social policy, student debt, student movement, taxation, unemployment, user fees, young workers.
February 6th, 2014
Tim Hudak is sounding — and looking — even more like Scott Walker these days. The Ontario Conservative leader’s pledge to create one million new jobs sounds like a direct rip-off of Wisconsin governor Scott Walker’s promise to create 250,000 new jobs in his four year term. Only the state, er province and numbers are [...]
There was a spate of media stories recently on a US report finding that increased employment of seniors has no negative impacts at all on young people also seeking work. In fact, the study by leading US economist Alicia Munnell, looking mainly at the experience of US states, did say that the so-called “lump of [...]
A TD Economics Special Report released on October 22nd debunked the popular economic myth spread by Minister Kenney that there are too many jobs without people. The report looks at changes in employment, unemployment, job vacancy rates, and wages. Job vacancy rates are higher for trades occupations in Western Canada, but overall job vacancy rates [...]
Today’s Labour Force numbers provide more evidence that Canada’s labour market is still mired in a 3-year funk. Following one year of decent recovery from mid-2009 (the trough of the recession) to mid-2010, driven mostly by extraordinary monetary and fiscal stimulus, further progress has been stalled ever since.
It has recently been reported that the University of Alberta wants to “reopen two-year collective agreements” with faculty and staff “to help the university balance its budget…” This appears to be in direct response to Alberta’s provincial government announcing in its March budget that there would be a “7% cut to operating grants to universities, [...]
Posted by Nick Falvo under Alberta, budgets, corporate profits, education, employment, fiscal policy, income, income distribution, income tax, inequality, post-secondary education, productivity, taxation, unions, wages.
August 7th, 2013
Further to my earlier post on the OECD’s new data on employment performance across its 34 member countries (and Canada’s relatively poor ranking in that regard), another part of the OECD Employment Outlook 2013 that is also worth reading in detail is Chapter 2.
The federal government never tires of boasting that Canada’s labour market has performed better than most other countries through the financial crisis and subsequent recession, and that the number of Canadians working today is greater than it was before the recession hit. That means we have fully recovered from the downturn, and the Tories are [...]
Last week, the Canadian Centre for Policy Alternatives released my policy brief on Saskatchewan job-creation. Using Statistics Canada figures, it demonstrated that “workforce growth has been almost identical during the premierships of Brad Wall and Lorne Calvert.” Unsurprisingly, the main explanatory variable for Saskatchewan employment appears to be commodity prices rather than the party in [...]
So, the National Household Survey’s Portrait of Canada’s labour force is out, and I can’t help but think of Donald Rumsfeld’s known unknowns. We know that we don’t know anything about those who didn’t respond to the survey, or how they might be different from those that did. We also know that there are some [...]
The Canadian Centre for Policy Alternatives has released my policy brief (PDF) on Saskatchewan employment growth. It generated front-page coverage in today’s Saskatoon StarPhoenix and Regina Leader-Post business sections as well as this snazzy online infographic. The press release follows: Premier Wall’s Employment Record Lags Calvert and Blakeney Regina – A new policy brief from [...]
Brian Lee Crowley’s latest column shows he’s a glass-half-full kinda guy. We shouldn’t be worried about unemployment because a) it’s old-fashioned, b) Boomers had it worse (and now they’re getting old) c) we’re doing better than the U.S., and d) it’s really only young people and immigrants that are unemployed. This is a relief. So I [...]
Below is the summary for our latest Climate Justice Project report, Closing the Loop: Reducing Greenhouse Gas Emissions and Creating Green Jobs through Zero Waste in BC (I recommend checking the much prettier full paper, stand-alone summary, and awesome infographic by Sam Bradd on the website). Closing the Loop was a complex and challenging project that made my head spin, [...]
The Nova Scotia provincial government is set to introduce its promised balanced budget this year. The Nova Scotia Alternative Budget, released today, proposes some concrete choices rooted in Nova Scotia communities. Rather than pay down debt, the NS-APB prioritizes balancing the social debt threatening Nova Scotia. Can a budget really be considered balanced when unemployment [...]
What not to say in an interview if you’re on EI, and other nightmares The latest detail to emerge about the recent changes to EI is from the Digest of Benefit Entitlement Principles. The Digest is a guide to enforcing Employment Insurance, with definitions of key terms, and elaborates on expectations of EI claimants and [...]
The glaring contrast between employment numbers, and the unemployment rate, was highlighted by today’s labour force numbers from Statistics Canada (capably dissected elsewhere on this blog by Angella MacEwan). Paid employment (ie. employees) declined by 46,000. Total employment (including self-employment) fell by 22,000. Yet the unemployment rate fell to 7% — its lowest level since [...]
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’ [...]
Testimony to the Joint Review Panel on the Enbridge Northern Gateway Project By Marc Lee, Canadian Centre for Policy Alternatives January 16, 2013 My name is Marc Lee, and I have served as an economist for the Canadian Centre for Policy Alternatives for more than 14 years. Most recently I have been Senior Economist and [...]
This article was published in an abridged form today in the National Post. http://fullcomment.nationalpost.com/2012/12/21/armine-yalnizyan-sorry-andrew-coyne-but-income-inequality-is-a-real-problem/ I like this opening better so I posted it here. You couldn’t have made it through 2012 without running into a story about income inequality. Chances are, it made you think about how you fit into the story. That’s “entirely constructive”, [...]
As we close out 2012, BC finds itself in some precarious economic waters. To recap, a massive housing bubble that built up through the naughties (2000s) finally burst in 2008, feeding a financial crisis, as extremely loose (some would say fraudulent) lending practices pushed housing prices up to spectacular, never-seen-before levels, and created a plague [...]
The Fall Economic Update was hosted this week by the Fredericton Chamber of Commerce. It seems Minister Flaherty wanted to be sure of friendly faces when he announced that the 2012-2013 budget deficit will likely be $5-$7 billion higher than forecast in March. The reason for the higher deficit is that nominal GDP will be [...]
The annual Employment Insurance Coverage Survey is out, here. The rate of eligibility for regular benefits from Employment Insurance is the lowest since 2003, the earliest year that there is comparable data. To qualify, a person must have worked in the past 12 months and contributed to Employment Insurance, they must have left their job for a [...]
The Harper government likes to remind Canadians that we’ve done better than most developed nations in bouncing back from the global economic crisis. But digging into the data shows why many people might be having trouble cheering this news: wages have not kept pace with inflation, and new hires are making 40 per cent less [...]
I have an oped in Saturday’s Vancouver Sun. The editor wanted me to focus on the claims of economic gains for BC, so the piece ended up being a complementary piece to the Behind the Numbers report on GHG emissions and the Natural Gas Strategy. The title was his choice not my own, but I like [...]
Four years after Lehman Brothers collapsed, it’s time to take stock of things by asking a stock political question: Are you better off now than you were four years ago? Where you stand on the answer depends on where you sit. Many people, businesses and communities are still struggling to regain the ground they lost [...]
Posted by Armine Yalnizyan under development, economic crisis, economic growth, employment, global crisis, income distribution, Role of government, social democracy, stimulus, super-rich, US, young workers.
September 14th, 2012
Miles Corak has a great post up about Paul Krugman’s “favourite gauge” of unemployment, the employment rate. Looking at the ratio of employed to population for working age men, he shows that the employment recovery in Canada appears to have stalled, moving very little since January 2011. The graph below shows youth unemployment (right axis) [...]
Last May federal Finance Minister Jim Flaherty said there was no such thing as a bad job. The Law Commission of Ontario may disagree. This week it put out a report about the rise in vulnerable workers and precarious jobs. Now that he’s heard from executives who think Canadians are paid too much, Mr. Flaherty [...]
Posted by Armine Yalnizyan under Conservative government, employment, employment standards, human rights, immigration, income, labour market, migrant workers, minimum wage, Ontario, poverty, Role of government, women.
August 17th, 2012
As a follow-up to my last post, where I showed R7 – the unemployment rate that includes involuntary part-time, I was curious what the longer term trend was regarding youth and part-time employment. As you can see in the graph below, the proportion of 20-24 year olds engaged in full-time work has steadily fallen since [...]
In the summer months, Statistics Canada collects labour force data on students who were attending school full time in March, and who intend to return full time in the fall. The unemployment rate for these students rose compared to June of last year. The June 2012 unemployment rate for students 17-19 was 17.3% (up from [...]
I always come back from the annual CEA/PEF meetings highly energized by the companionship of so many other fine committed PEF members, and our success in engaging with the broader profession. This past weekend’s meetings in Calgary were no exception. A highlight, of course, was the 3rd Biennial Galbraith Lecture delivered by Mike McCracken, CEO [...]