by Strac Ivanov

Canada’s economy created 18,000 new jobs in the month of December. The unemployment rate edged up to 7.5% (from 7.4% in November) - but only because more people joined the labour force. Ironically, this is actually good news: It indicates that more unemployed people feel that they have decent enough chances to find work. But there is less to December’s employment growth numbers than meets the eye.
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We released a new report today that measures the impact of economic slowdown on hiring demand in Ontario’s 905-communities surrounding the city of Toronto, and looks into what may be in store for the future. (more…)

On September 3^rd (with a federal election looming) Steven Harper announced his Government’s decision to “invest” 80 million dollars into Ford’s future. Everyone looked happy: The Government of Ontario, the Opposition, the CAW… The Opposition and the CAW said that this decision was long overdue. Canada’s Industry Minister Jim Prentice claimed that this “investment” will help make the Canadian automobile industry more competitive and will “create or sustain” up to 750 jobs. A week later came another sobering announcement: Ford announced the elimination of one of its shifts and the layoff of 500 workers from the same plant where Jim Prentice had made his announcement the week before.

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