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Cynthia Zheng

Latest release from the Labour Force Survey. Friday, December 2, 2011 - 0 views

  • Following a notable decrease the previous month, employment edged down 19,000 in November, and the unemployment rate rose by 0.1 percentage points to 7.4%. Despite the recent declines, employment was up 1.2% (+212,000) from 12 months earlier.
  • A decline of 53,000 in part-time work was partially offset by an increase of 35,000 in full-time. Compared with a year earlier, the number of part-time workers was down 1.9% (-62,000), while full-time employment grew by 2.0% (+274,000).
  • Employment declined in Quebec and Saskatchewan in November, while it increased in Nova Scotia. There was little change in the other provinces.
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  • In November, there were employment losses in retail and wholesale trade, as well as business, building and other support services. These losses were partially offset by increases in "other services" (such as personal services and repair and maintenance), as well as in construction; natural resources; and utilities. There were fewer self-employed workers in November (-28,000). Compared with a year earlier, most of the employment growth was among private sector employees (+1.9%), as employment was little changed among public sector employees (+0.4%) and the self-employed (-0.3%).
  • Employment in Quebec fell by 31,000 in November, pushing the unemployment rate up 0.3 percentage points to 8.0%. The bulk of the decline was in wholesale and retail trade. This month's decrease leaves employment in the province at about the same level as November 2010. The only other province with a notable employment decrease in November was Saskatchewan (-4,200). This pushed the unemployment rate in the province up by a full percentage point to 5.1%. With this month's decline, employment in Saskatchewan was similar to its level one year earlier. In November, employment increased by 4,400 in Nova Scotia. Despite this increase, the unemployment rate in the province was unchanged at 8.6%, as more people were participating in the labour market.
  • Following a large decline in October, employment in Ontario edged up by 17,000 in November. At the same time, the unemployment rate declined 0.2 percentage points to 7.9%. Over the past 12 months, employment in the province has grown by 1.5% (+97,000), slightly higher than the national average of 1.2%.
  • Employment in Alberta edged up in November, and the unemployment rate was 5.0%. Compared with November 2010, employment grew faster in Alberta than in any other province, at 4.8%.
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    Current Canadian Statistics on unemployment rates both overall and from province to province that can be compared to statistics given by Toronto Star bookmark. Employment fell in Quebec and Saskatchewan while it rose in Nova Scotia. Minimal chnages in other provinces including Ontario where it only rose slightly recovering from the dramatic dip in October. Employment areas that saw an increase were in the construction, natural resource and utilities. Construction contrasted with the previous year since it declined last year but rose this year. This year, a decline was seen in retail, wholesale trade, business, building and various other support services. It seems retail and wholesale trade experienced another downfall which may be another indicator that the economy is not recovering as well if the populous is unwilling to spend money buying everyday luxuries.
Cynthia Zheng

Canada's unemployment picture shows promising signs - thestar.com - 0 views

  • Canada’s economy ended on a bit of a high note in 2010, with the creation of 22,000 new jobs in December and substantial gains in full-time, private sector and youth employment.
  • The country’s unemployment rate held at 7.6 per cent indicating the number of new jobs were enough to match the growing number of Canadians entering the labour force.
  • In Ontario the unemployment rate edged down 0.1 per cent, to 8.1 per cent.
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  • Statistics Canada reported on Friday that full-time employment was up 38,000 in the month of December, the fourth increase in the past five months. Those gains were offset by a decline in self-employment. In terms of overall growth, part-time employment outpaced full-time work, up 3.4 per cent to 1.9 per cent, respectively.
  • Employment across the province was up for the second consecutive month, up 23,000 new jobs in December. Last month’s increase means the province’s workforce grew 2.8 per cent, or 186,000 new workers, from the same time last year. The national growth rate is 2.2 per cent.
  • Manufacturing, after a decline of new jobs in November, showed signs of life in December, with the biggest reported monthly gain since the start of the recession, up 66,000 new jobs. Most of the jobs were in Ontario and Quebec.
  • Notable gains were also reported in transportation and warehousing, up 45,000 new jobs, and natural resources added 7,700.
  • Losses were reported in construction, down 27,000, and wholesale and retail trade dropped 22,000. Health care and social assistance reported declines of 24,000 jobs.
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    Canadian statistics, including Ontario, dating a year ago and may be compared to recent statistics to understand the movement of Canada's economy in terms of employment. Employment areas on the rise include manufacturing, transportation and warehousing which experienced slight increases whereas the losses include jobs such as construction, wholesale, retail, health care and social assistance. However, these job losses are not horrible since they result cyclical unemployment rather than structural unemployment considering that these jobs especially healthcare are all still required and the skills of each employment area have not been phased out yet.
Jessica Luong

Province integrates employment programs - 1 views

  • "Our goal is to give unemployed British Columbians the supports and services they need to find and keep a job," said Stephanie Cadieux, B.C.'s Minister of Social Development. "All service providers will deliver the full suite of services through the new Work B.C. Employment Services Centres, and will determine the best way to meet the needs of specialized populations to get people back to work quickly."
  • There are 73 contracts, one for each of the 73 geographically defined catchment areas. In Nanaimo the main contractor is GT Hiring Solutions Inc. and they have numerous subcontractors that deal with specific clientele.
  • In an effort to integrate services to help unemployed British Columbians, the provincial government has integrated provincial and federal programs and has sought out community partners to help people find jobs quickly in their communities.
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  • The new program is advertised to be a "one-stop" employment search system where anybody can go into any of the subcontractors offices and seek help in finding employment opportunities.
  • A high-ranking ministry official, who would only speak off the record, said this should help people "get into jobs much faster because we are relying on the knowledge of local organizations."We aren't reinventing the wheel," she said. "What we are doing is integrating existing services into a more efficient program."
  • The new $342 million one-stop, job-hunting program called the Employment Program of B.C. will have numerous "catchment areas" across the province. The program is scheduled to begin at the beginning of the province's next fiscal year, April 1.
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    The provincial government in British Columbia have implemented programs that seek community partners to aid their citizens in finding employment within their community. 
Jessica Luong

As business confidence ebbs in Canada, jobless rate rises - The Globe and Mail - 1 views

  • Canada’s labour market has hit a wall, with job declines in three of the past four months suggesting turmoil outside the country’s borders is denting the confidence of employers.
  • The slowdown comes as deepening global uncertainty is gnawing away at business confidence. Consumers, too, are growing cautious, with a report on gross domestic product earlier this week showing both spending and total domestic demand cooling in the third quarter.
  • Manufacturing employment tumbled to another record low last month, while in the finance and real estate industry, three-month average job losses are the steepest on record. Meantime, government hiring – a key source of employment in the past few years – is expected to weaken amid budget cuts.
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  • More Canadians gave up looking for work last month. The country’s labour force participation rate fell to 66.6 per cent in November, its lowest level since 2002. The drop may stem largely from young people becoming discouraged, economists said.
  • Cynthia Richardson is looking for full-time work in the Barrie area, but seeing few opportunities. The 64-year-old is searching for jobs as an administrative assistant and says most require updated computer skills she doesn’t have.
  • The country shed 18,600 jobs last month after a tumble of 54,000 in October, marking the first back-to-back monthly drop since the recession. The jobless rate hit a five-month high of 7.4 per cent, Statistics Canada said Friday.
  • “It’s definitely not a friendly trend,” said Sheryl King, Canada economist for Merrill Lynch in Toronto. “Certain industries are growing worried about the state of economic growth, and there are signs restructuring is going on in other industries such as the public sector as well.”
  • That said, details of Friday’s Statscan report were better than the headline number suggested. The private sector resumed hiring last month, and full-time positions rose while part-time jobs declined.
  • The country’s labour market is clearly delineated along an East-West divide, with provincial jobless rates higher than the national average from Ontario eastward, and lower than average from Manitoba to British Columbia.
  • Among major cities, Regina has the lowest jobless rate in the country, at just 3.5 per cent.
  • much of the growth is in temporary work, or minimum-wage retail jobs that require working evenings or weekends.
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    Due to the increasing turmoil in the global economy, business and consumer confidences are on the decline. 
Denise H

Where the jobs will be - thestar.com - 0 views

  • Job prospects go way beyond doctors and nurses, said Michelle Dunnill, Toronto branch manager for the job-tracking firm Manpower. Physiotherapists, medical laboratory technologists, administrative staff and non-clinical support workers of all types are bound to be in demand.
  • “Heavy equipment operators, industrial mechanics, industrial electricians, building trades, steel and iron workers, automotive trades, welders,” she said to name a few types in demand.
  • Information and Communications Technology: Between now and 2015, more than 120,000 jobs will have to be filled, said David Ticoll, director of the Canadian Coalition for Tomorrow’s ICT Skills.
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  • If commodity prices rise, the mining sector would need more than 140,000 new workers in 10 years. In the oil-and-gas industry, Alberta Oil Sands expansion accounts for much of the anticipated growth.
  • Demand is expected to be high for everybody from welders and industrial electricians, to geologists and civil engineers, to human-resources and financial managers, the report says.
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    There are many potential new jobs in the future, notably in health care and the mining industry.  
Rebecca Samek

Understanding Income Inequality - 0 views

  • In the last few years, income inequality has been in the media spotlight. There is widespread concern around the globe that the “rich are getting richer, and the poor are getting poorer.” For example, a recent study by Berkeley professor Emmanuel Saez found that “income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression.”
  • Although Canada’s wealth is distributed more equally than in the U.S., Canada’s 12th place ranking suggests it is doing a mediocre job of ensuring income equality. Canada gets a “C” grade on this indicator.
  • Capital income and self-employment income are very unequally distributed, and have become even more so over the past decade. These trends are a major cause of wider income inequalities
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    The Conference Board of Canada, measures how Canada preforms in economic areas against other countries and gives many statistics to compare.
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