The dismal state of Canadian manufacturing
It is hardly news, but the scale of the manufacturing crisis in Canada continues to astound.
Between 2002 and 2013, manufacturing employment fell by 557,000 jobs, meaning that one in four (24%) of the jobs that existed in 2002 have disappeared. As a share of all jobs, manufacturing fell from 15.0% to 9.8% over this period.
There has been no meaningful or sustained recovery from the Great Recession for the manufacturing sector. Total employment in 2013 was no greater than in the recession year of 2009.
Read moreCanada's over-hyped jobs recovery
The Conservative Party recently launched the “We're Better off with Harper” campaign with the claim that “with over one million net new jobs created in the recovery, Canada's economy is on the right track – thanks to the strong leadership of Stephen Harper and Canada's Conservatives.”
There have indeed been more than one million jobs created since mid-2009 when the recovery began. But the job market in Canada is still far weaker than was the case before the recession.
Read moreFact check: putting the Conservatives' "million net new jobs" into context
The Conservative Party recently launched the “We're better off with Harper” campaign with the claim that “with over one million net new jobs created in the recovery, Canada's economy is on the right track – thanks to the strong leadership of Stephen Harper and Canada's Conservatives.”
The number in that claim is carefully chosen, and taken in isolation is factually correct. In the five years of recovery from June 2009 to June 2014, total employment indeed rose by 1,091,400 jobs.
But if we do the count from June 2008, before the onset of the recession and the big job losses it caused, the increase in employment to date has been a more modest 753,000 jobs. And the national unemployment rate in June 2014 was, at 7.1%, still significantly higher than the average of 6.0% in 2007 and 6.1% in 2008.
Read moreCanada needs an action plan to fight long-term youth unemployment
Young people lag behind in Canada's economic recovery, with rates of unemployment and underemployment still significantly above pre-recession levels. The danger is that this will have a permanent scarring effect on many youth, with long-term negative implications for both our economy and our society.
It is often forgotten that Canada still has a large “echo baby boom” youth age cohort, with some 4.4 million persons age 15 to 24 now transitioning into the paid work force. They will all be needed in a few years just to replace “baby boomer” retirees, and our economic prospects will be brighter if our future work force gains relevant skills and experience today.
Read moreBook review: Unions Matter
Matthew Behrens, Editor (for the Canadian Foundation for Labour Rights). Unions Matter: Advancing Democracy, Economic Equality and Social Justice. Toronto. Between the Lines. 2014.
This excellent book on why unions and a strong labour movement are essential building blocks of a sound economy and of a just and democratic society deserves to be widely circulated. It is accessible to individual labour activists who wish to deepen their understanding of the role of unions – both inside and outside the workplace – and should be widely adopted for use in post-secondary labour studies courses and union educational programs.
Read moreThe Broadbent Institute’s youth job guarantee is a good idea that will never happen
Murad Hemmadi / Canadian Business
Jobs for every boy and girl—that’s what the Broadbent Institute is proposing, in a paper calling for a Youth Job Guarantee.
Youth unemployment: a dismal situation requires bold action
The dog days of summer may yet be upon us, and already youth unemployment is a hot topic of conversation.
But talk is cheap. The fact is too many young Canadians are set to wade into another long summer, frustrated and anxious about their grim job prospects.
And little wonder for their anxiety.
Read moreCanadian-born visible minority youth face an unfair job future
Data from the 2011 National Household Survey (NHS) which replaced the long- form census indicate that racial status remains a significant factor in shaping advantage and disadvantage in the Canadian job market and in influencing the overall level of poverty and income inequality.
Put bluntly, non-whites do significantly worse than whites, in part because of racial discrimination.
Read moreThomas Piketty's body blow to conventional economic wisdom
During the ordinary working of capitalism – absent the extraordinary Great Wars and Great Depression of the first half of the twentieth century – inequality, as manifested in the distribution of wealth, rose over time and promises to continue to do so.
Call that distressing result Piketty’s law.
Read more