Canada’s relatively positive economic run may be grinding to a halt. Albeit an advocate for the workers and unemployed, the Canadian Labour Congress drew some alarming conclusions from July’s labour statistics.
According to Canadian Labour Congress Senior Economist Sylvain Schetagne,
“The performance of the labour market in July 2010 was catastrophic. The unemployment rate is back up to 8.0%. The number of full-time jobs in Canada decreased very rapidly in July, when 139,000 full-time jobs were eliminated. The number of permanent employees fell by even more, by 144,400.
Full-time job losses were offset by a shift to part-time work (+129,700). One worker out of 5 now works part-time, the highest proportion ever recorded since data has been collected (1976).
Overall, a total of 9,300 jobs were eliminated in July, the first decrease in employment since the beginning of 2010.”
"Today's appalling jobs report means that the federal government must rethink its plan to pull the plug on the economic stimulus plan as soon as September" says Canadian Labour Congress President Ken Georgetti.
"The loss of almost 150,000 permanent employee jobs last month combined with the increase in part-time work to an all time high of one in five suggests that the recovery in the job market may be coming to an end. With almost 1.5 million workers still unemployed – up more than 350,000 from before the recession – the focus has to remain on job creation."
The Canadian Labour Congress, the national voice of the labour movement, represents 3.2 million Canadian workers. The CLC brings together Canada's national and international unions along with the provincial and territorial federations of labour and 130 district labour councils.
Source: Canadian Labour Congress
According to Canadian Labour Congress Senior Economist Sylvain Schetagne,
“The performance of the labour market in July 2010 was catastrophic. The unemployment rate is back up to 8.0%. The number of full-time jobs in Canada decreased very rapidly in July, when 139,000 full-time jobs were eliminated. The number of permanent employees fell by even more, by 144,400.
Full-time job losses were offset by a shift to part-time work (+129,700). One worker out of 5 now works part-time, the highest proportion ever recorded since data has been collected (1976).
Overall, a total of 9,300 jobs were eliminated in July, the first decrease in employment since the beginning of 2010.”
"Today's appalling jobs report means that the federal government must rethink its plan to pull the plug on the economic stimulus plan as soon as September" says Canadian Labour Congress President Ken Georgetti.
"The loss of almost 150,000 permanent employee jobs last month combined with the increase in part-time work to an all time high of one in five suggests that the recovery in the job market may be coming to an end. With almost 1.5 million workers still unemployed – up more than 350,000 from before the recession – the focus has to remain on job creation."
The Canadian Labour Congress, the national voice of the labour movement, represents 3.2 million Canadian workers. The CLC brings together Canada's national and international unions along with the provincial and territorial federations of labour and 130 district labour councils.
Source: Canadian Labour Congress
