This presentation will discuss labour market including analysis of the job trends.
The presentation will also discuss government policies including comments made during the 2015 election campaign.
2. AGENDA
1. Summary
2. Labor and Wages for Canada by Key Sector
3. BMO – Comments – Employment
4. Scotiabank – Comments – Employment
5. TD Economics – Employment
6. Outlook
7. Minister of Finance
8. Election 2015 blog on the labour market
3. SUMMARY
1. Employment rose by 67,000 (+0.4%) in September, with most of the increase in part-time
work. The unemployment rate was unchanged at 7.0%, as more people participated in the
labor market.
2. In the third quarter of 2016, employment gains totaled 62,000 (+0.3%). This followed little
change in employment in the second quarter and a slight increase of 33,000 (+0.2%) in the
first quarter.
3. Compared with 12 months earlier, employment rose by 139,000 (+0.8%), with most of the
gains in part-time work. Over the same period, the total number of hours worked edged up
0.2%.
4. In September, there were more employed people aged 55 and older. At the same time, there
was little change in employment among both the 15-to-24 and 25-to-54 age groups.
5. Provincially, employment rose in Quebec, Alberta and New Brunswick. There was little
change in the other provinces.
6. In September, more people worked in public administration, educational services, and
transportation and warehousing. At the same time, employment declined in health care and
social assistance.
7. Self-employment increased in September, while there was little change in the number of
private and public sector employees.
Source – Stats Canada
8. ELECTION 2015
The election of campaign of 2015 discussed labor market including jobs that
were precarious.
Here is a comment from the now finance minister” Finance Minister Bill
Morneau says Canadians should get used to so-called "job churn" -- short-
term employment and a number of career changes in a person's life.
Morneau made the comment on Saturday at a meeting of the federal Liberal
Party's Ontario wing, days before he's scheduled to deliver a fall economic
update.
The remark also comes just three days after the Bank of Canada delivered
bad news for the economy, downgrading the country's growth outlook yet
again.
Source http://www.ctvnews.ca/politics/get-used-to-job-churn-morneau-
tells-liberal-meeting-1.3126992
9. LABOUR MARKET – GOVERNMENT
POLICIES
Government can influence hiring by their taxation policies and other policies
1. Payroll Taxation
2. WSIB
3. Carbon Taxation
4. Minimum Wage Hikes
5. Hydro rates
Business will response to changes to through combination of efforts:
1. Raising Prices
2. Scaling back hours
3. Laying off staff
4. Consolidation of operations
10. It is funny how you attack my threads that show detail links, right? It seems to me that my posts are backup with links to presentation
that are tied back to comments made by different business sources.
http://globalnews.ca/news/2169728/reality-check-are-canadas-newly-created-jobs-part-time-precarious-and-low-paid/
Fact 1 – Employment – All I see from your comments is opinion and no facts. It seems you call me a troll, right? The only reason people
call me a troll is they cannot defend their opinion with facts, right? Let me crunch a few things based on the below links –
Since 2010 there has been 722K full-time jobs and 118K part-time jobs created in Canada. So, 86% of the new jobs are full-time. So,
where is the 80% number you quoting coming from in terms of its accuracy?
The main sector of growth are the following sectors
Accommodation/food services approximately 98K
Healthcare approximately 249K – this ties to more money being spent on healthcare by provinces to support need for additional
services
Professional jobs approximately 170K
Construction approximately 220K – does this not benefit skill trades and tied to the housing market being solid in Canada
Summary:
The bulk of jobs are in areas that pay good salaries. http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/labor93a-
eng.htm. The only sector that would see the bulk of minimum wage would be accommodation/services.
Food/Services jobs are created due to people spending money on meals and entertainment and travel -
http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/trad15a-eng.htm or
https://www.restaurantscanada.org/Portals/0/Non-Member/2015/restaurantoutlooksurvey_2015_q1.pdf
Source: http://www.conferenceboard.ca/economics/hot_eco_topics/default/13-11-
05/which_industries_are_creating_jobs.aspx
My Labour Blog response to Mark Whyte
Source: Facebook / Election 2015 Blog
11. CONT.
Ontario has its’ own issue, but they are not driven by federal policies. They are from bad
policies, like FIT or Regulations or other bad policies. So, I guess comments from the
following people are wrong, right? http://www.theglobeandmail.com/report-on-
business/ontario-policies-could-put-auto-making-at-risk-fiat-chrysler-ceo-
warns/article25418311/ (Is this guy wrong?) or why did Cliff Resources pull out
(http://www.baytoday.ca/content/news/details.asp?c=73707) or How do you think ORPP is
going to impact business (http://www.thestar.com/news/queenspark/2015/06/02/business-
warns-against-wynnes-pension-plan.html)
Canada has one of the strongest middle class in the world, but
no comment. Here are facts/videos on the middle class -
https://www.youtube.com/watch?v=xqLDHQ-iJU8 (is this a lie?
or https://www.youtube.com/watch?v=yOl37VcG89c (is this a lie? -
http://globalnews.ca/.../tax-cuts-since-2005-net.../ (is this a lie?) Or
http://www.slideshare.net/paulyoungcga/taxation-policies (are my slides 8-11 wrong).
Do you have issues with C377, if so why? C377 ensure hardworking union members received
more transparency on how dues are to be spent. http://cupe.ca/fact-sheet-union-dues-and-
rand-formula. It seems me that dues should be used as part of the collective bargaining
agreement and/or skills development or strike funds, right? Yet many unions use the dues to
attack the government, right?
http://www.therebel.media/we_fact_check_unifor_s_anti_harper_ad.
I get the sense from your comments that you are bitter at harper likely that you have been
sold a bill of goods from either your union or Mulcair.
12. EMPLOYMENT OUTLOOK FOR 2016
1. Canadian Government new policy on Carbon Taxation will have
impact on FDI and the labor market
2. Planned CPP hikes will impact small business. Small business may
cut hours, jobs and/or freeze pay.
3. Slow Growth is predicted for the Canadian Economy.