Archive for the ‘Economy/Employment’ Category
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Less wage discrimination for women, aboriginals, and visible minorities in public sector, not higher salaries overall: study
This study compares the wages of full-time public and private sector workers and finds significant gaps in the wages of women, aboriginal workers, and visible minority workers—and that those gaps are bigger in the private sector in every instance… The difference in public and private sector wages results from higher levels of discrimination in the private sector and a more equitable system of pay in the public sector”
Tags: disabilities, economy, Indigenous, multiculturalism, privatization, standard of living, women
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Minimum wage has no consistent effect on employment levels
A recent report by CCPA research associates and Unifor economists Jordan Brennan and Jim Stanford… examines the relationship between minimum wages and employment in all ten Canadian provinces between 1983 and 2012, and finds no consistent evidence that minimum wage levels affect employment in either direction. Instead, the research concludes that employment levels are overwhelmingly determined by larger macroeconomic factors.
Tags: economy, featured, ideology, standard of living
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Canada’s job market underperforming for years
… using an employment barometer that shows no real problem in the labour market… allows cabinet ministers to claim job-seekers just aren’t trying hard enough to find work; they’re not properly trained; they’re not sufficiently mobile; or they’d rather collect EI than earn a living… The nature of work has changed profoundly in the post-industrial era. Contract work has replaced permanent employment. Jobs are short-term, part-time and sometimes precarious. Wages don’t always provide enough income to live on.
Tags: economy, featured, ideology, participation, standard of living, youth
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Canada not the big winner in European trade deal
By what conceivable rationale should a foreign corporation be able to sue an elected government for implementing its campaign promises? How does one reconcile this with any possible definition of democracy? By what gall, by what perverse definition of free market competition, has the corporate world persuaded its friends in government around the world to give them such a privileged playing field?
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Greedy financiers undermine free markets
These modern-day speculators combine rapid reflexes and sophisticated algorithms to exploit the ups and downs of the stock market. “Hedge fund managers don’t care whether the companies in their portfolios do well or badly — they just want stock prices to be volatile,” he says. “What is more they want the volatility to be extreme: The more prices move up or down, the greater the earning potential.” So they deliberately create upheaval.
Tags: economy, featured, globalization, ideology, privatization, standard of living
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7 perfectly sensible reasons why child care is good for the economy
Child care is back in the news with two competition visions: give parents a monthly cheque of $100 to help cover monthly child care bills that can top $1,000 or build a real national $15-a-day child care program. So for those of you who need a good, hard dollars and cents explanation about why a real child care program is worthwhile, here are seven perfectly sensible reasons why the investment is good for the economy.
Tags: child care, economy, featured, ideology, participation, standard of living, women
Posted in Debates | 1 Comment »
Reviewing Stephen Harper’s economic record as campaign for re-election gears up
the government plan to eliminate the debt, shrink the size of government and hope the private sector would take up the slack has produced worse results than would have been the case if the Conservatives had pioneered a balanced approach that invested more money in infrastructure and job creation… Scott Clark, a former deputy minister of finance… called “the neo-liberal experiment in Canada a dismal failure.”
Tags: budget, economy, ideology, standard of living, tax
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Where Mark Carney and Naomi Klein agree
Carney, talking to his audience of corporate interests and pension fund investors, referred to a “tragedy of horizons.” By this he meant the tendency of capitalists — governments, corporations and investors — to look only to the near-term and not the future. If there’s profit around the corner and doom in the distance, capitalism will always be loitering locally.
Tags: economy, globalization, ideology, privatization, rights, standard of living
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How to fix a broken labour market
The challenge, Zizys says, is to create labour market that fits the current landscape. That will require a new network of relationships that allow business, workers, governments, educators and community leaders to identify the gaps and broken connections in the labour market and negotiate solutions that work for everyone. It will also require a re-thinking of our profits-trump-all attitude and an overhaul of our employment programs and agencies.
Tags: budget, economy, globalization, participation, rights, standard of living
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Canada’s growing part-time job problem exposed in 3 graphs
75% of Canada’s net new jobs created in the last year have been temporary, with nearly 60,000 temporary or contract positions added to Canada’s stagnant economy. Here are three graphs that show the scope of Canada’s part-time job problem: More people are working part-time jobs now than they were 10 years ago… A little over a quarter of all workers want to be working full-time, but have to take the jobs to make ends meet.
Tags: economy, globalization, ideology, participation, standard of living
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