Monthly Jobs Report Offers No Promising Signs of Recovery
June 10, 2011, 9:39 PM EST
Job market figures released for May offer no promising signs for Canada's sputtering economic turnaround, said CAW President Ken Lewenza.
In its monthly Labour Force Survey released on June 10, Statistics Canada reported modest gains in the overall jobs market (as employment jumped by 22,000, or 1.6 per cent), with gains in full-time work (mainly in the self-employed category) and declines in part-time work.
But as is often the case, a more accurate portrayal of the job market can be found by digging deeper into the survey's findings, Lewenza noted.
"It's hard to celebrate a drop in the unemployment rate when it does not really come with a greater number of jobs -there are far fewer jobs in higher-wage sectors like manufacturing and the public service and more Canadians have simply stopped looking for work," Lewenza said.
The latest report revealed 27,500 fewer Canadians worked or actively looked for work in May as compared to April, a sign that individuals are discouraged from a lack of adequate job prospects.
"We actually drove more people out of the labour market last month than we created new jobs," said Lewenza. "This is absolutely unacceptable. This report signals a failing grade for government and policy-makers."
Lewenza lambasted the Harper government for moving ahead with a spate of unnecessary and wrong-headed austerity measures in its latest budget, including billions in spending cuts, as the national job market remains unstable.