Recessions are always harder on young workers, but we are nearly five years out from the end of the last recession and there is still no recovery in sight for young workers.
The paid internships announced in this budget (some of which is previously announced spending) will only reach a maximum of 2,500 individuals per year, less than 0.5% (half of one percent) of unemployed young workers, and addresses a fraction of the need. ...Read more
Tags: Federal Budget·Government Finance·Youth
The following commentary on yesterday’s job numbers is quoted in today’s National Post (page FP4):
The Olympic motto may be “Faster, Higher, Stronger,” but Canada’s employment growth is slower, lower and weaker going into the winter games.
Of the 29,000 Canadians who supposedly gained employment in January, 28,000 reported being self-employed. Only 1,000 found jobs paid by an employer.
While self-employment includes some high-income professionals and entrepreneurs, the jump in self-employment in the context of a poor job market suggests that many Canadians are trying to eke out income through contract work because employers are not offering paid positions. ...Read more
Tags: Employment and Labour·Federal Budget
Everybody knows that we change jobs more often than we used to. Better still, in the Golden Age of employment, there were way more lifelong positions than there are now. Yet if you ask someone who is making that assessment when was this blessed era for all workers (though it’s unclear whether it also applied to women) and whether they have any ounce of proof to support their statement, you’ll be greeted either with an embarrassed silence or with an eloquent “What the hell are you talking about?”…
In fact, nobody ever answers those two questions. Indeed, no one ever gave me a reliable source to support this apparently obvious truth. Nevertheless, data sets are available to study the issue. I’ll present three of them. ...Read more
Tags: changing jobs·lifelong employment·survival rate
Co-authored by Kayle Hatt and Trish Hennessy
Ontario Progressive Conservative Leader Tim Hudak has a new jobs plan to create a million new jobs over the next eight years.
ONE MILLION (cue Austin Powers reference).
There are a few known details of his so-called plan – like cutting corporate taxes and ending green energy – but little clarity on how this will actually create jobs.
Even without the full details, there are other reasons to doubt his promise.
For starters: there aren’t a million unemployed people in Ontario. ...Read more
Tags: Employment and Labour·Jobs·Ontario·Poverty and Income Inequality·Tim Hudak
Guest Post by Michal Rozworski
The demands to substantially increase the minimum wage are growing louder south of the border. Workers across the most poorly-paid industries are finding creative ways to raise the issue with strikes by fast-food workers and Walmart employees making waves across the country. What’s more, many of these workers are boldly arguing not for incremental increases but a substantial boost: a $15 per hour minimum wage has been one of their slogans. Even some elected officialshave taken up the $15 per hour cause. Support for a more modest minimum wage increase is at over three quarters among the general population and the issue could become an important one in the U.S. 2014 elections. ...Read more
Tags: Economy & Economic Indicators·Employment and Labour·minimum wage
It was a blue Christmas for many Canadian workers and job-seekers. Statistics Canada reported today that employment fell by 46,000 in December.
As a result, Canada’s unemployment rate jumped to 7.2%. Also today, the US Department of Labor reported that the American unemployment rate fell to 6.7% in December.
Taking account of national differences in how these rates are calculated, unemployment is actually still a bit higher in the US. But the notion that Canada has a stronger job market than the US now rests on very thin ice. ...Read more
Tags: Employment and Labour·Media
Last week, the CCPA revealed that the top 100 CEOs in Canada earn, on average, $7.96 million a year – or 171 times more than the average Canadian worker. That’s also 373 times more than an Ontarian earning the minimum wage.
To put that in perspective, the Top 100 CEOs earn in one hour[i] what a minimum wage worker will earn in 6.5 weeks. But there is one big caveat to this analysis – that minimum wage worker must be lucky enough to have a job that consistently offers 40 hours per week, offers paid sick days and provides vacation pay. ...Read more
Tags: CEOs·Employment and Labour·minimum wage·Ontario·Poverty and Income Inequality
Imagine finding $7.96 million in your stocking on Christmas morning. For Canada’s top 100 CEOs, that happy day has arrived. These 100 Canadians earn more than 99.9% of the working population of Canada. But if you are woman, odds are you are not on that lovely list. Not now, not ever.
It would take the average working age woman in Canada 235 years (or 85,778 days) to make as much as one of these CEOs makes in a single year. It would take a first-generation immigrant woman 268 years to do it.  Visible minority women and Aboriginal women would have to work the longest, at 273 years and 285 years respectively. ...Read more
Tags: CEOs·Employment and Labour·Gender Equality·Poverty and Income Inequality
Ontario’s minimum wage has been frozen since 2010. It’s the second longest period minimum wage workers have gone without a raise since 1969.
Oftentimes discussions about how much and how often to raise the minimum wage get positioned in relation to potential harm to business: how much can businesses bear to pay for an hour of labour before they are negatively impacted? ...Read more
Tags: Employment and Labour·minimum wage·Ontario·Poverty and Income Inequality
The most recent Jobs Vacancy statistics are out, and the trend for 2013 so far has been a reduction in the number of job vacancies reported by businesses compared to 2012. The number of job vacancies reported by businesses fell by 41,000 between September 2012 and September 2013, so that even though there were fewer unemployed workers in September 2013, there were more unemployed workers per job vacancy. This has been true for every month in 2013 so far.