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Thread: Biggest employment drop since 2009

  1. #1
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    Default Biggest employment drop since 2009

    88,000 jobs lost last month. Over 50,000 of them in Ontario:

    https://www.theglobeandmail.com/repo...ick=sf_globefb

    Wonder how much of it is related to the minimum wage raise. The article does claim that losses among minimum wage earners were not significant and that the losses were primarily higher paying part time jobs.
    Last edited by Species8472; February 9th, 2018 at 05:06 PM.
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    I'm sure the employment numbers will uhm...ahhh..uummh "balance themselves..." in the next quarter.

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    That sucks...... cost of living for everyone goes up when there are no jobs....
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    Its the beginning of a disaster
    "Give a man a fish and he eats for a day, Teach a man to fish and he eats for the rest of his life"

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    I wouldn't expect much more coming from The Globe trying to mitigate the job losses of "minimum wage earners" against those of "high-paying part time" jobs (whatever the hell they are). We all saw this coming. Now,it'll be fun to watch the liberal media "spin". This is just the beginning.
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    Trimmer , is there a news source that you do trust?

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    Quote Originally Posted by trimmer21 View Post
    I wouldn't expect much more coming from The Globe trying to mitigate the job losses of "minimum wage earners" against those of "high-paying part time" jobs (whatever the hell they are). We all saw this coming. Now,it'll be fun to watch the liberal media "spin". This is just the beginning.
    Well we know CBC is bought and paid for, after Wynne's win last time her first words to the CBC reporter were "thanks for all the hard work"... it is right at the FOA's expected losses ..... in the first month....I wonder what the February etc. numbers will be like.

    59,300 Ontario part time jobs
    http://torontosun.com/business/ontar...d-c052ce1b09b8


    A bit more detail here covering all of Canada.


    Canada just lost the most jobs in nine years, with biggest drop on record in part-time work
    88,000 jobs gone — economists had been expecting gain of 10,000
    http://business.financialpost.com/ne...ine-since-2009
    Canada shed a net 88,000 jobs during the month, a sharp stop to a recent stellar performance that saw 2017 produce the biggest increase in jobs since 2002. The drop reflected a record loss of 137,000 part-time jobs, and a 49,000 gain in full-time work.

  9. #8
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    I work in Stratford On.
    Job loses are not a problem there.
    Many factories are fighting to get their openings filled and not getting enough people.
    Lots of starting openings in the $16 to $20 + range.
    Where I work they are offering $16.75 to start for labourers & over $21 per hour to start for CNC operators.
    They are not getting enough people to hire as other places are offering better and still not filling openings easily.




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    No worries. Kathleen and Trudough will hire them all at way more than minimum wage.
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    Quote Originally Posted by fishermccann View Post
    Trimmer , is there a news source that you do trust?
    Any news source with Liberal ownership and editorial policy,not a chance in he**.
    If a tree falls on your ex in the woods and nobody hears it,you should probably still get rid of your chainsaw. Just sayin'....

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