Canada lacks quality jobs

A CIBC report says that Canada lacks quality jobs, this comes as no surprise to me as our government is concentrating on anything but the middle class and technological growth.

Month after month we hear how new jobs have been created however there is little change in the unemployment rate. They are promoting false hope rather than real action. The majority of jobs created since the economic collapse that wasn't going to happen, but did happen, have been part time with fewer quality full time positions being created.

CIBC says the biggest contributor is the growth of jobs in the low-to-mid wage industries as compared with higher-paying ones.

That is a problem not just for the average worker trying to make ends meet, but consumer spending that helps drive the economy as the pace of income growth slows.

“Simply put, all other things being equal, lower employment quality means that the labour market has to run faster to stay in the same place since we need relatively more workers to generate the same increase in income,” CIBC deputy chief economist Benjamin Tal says in a new report.

http://ca.finance.yahoo.com/blogs/balance-sheet/canada-lacks-quality-employment-cibc-145057798.html

This government lives in an ivory tower where they are out of contact with the working class and worst of all they don't care. I see people, particularly women, who are forced to work at two part time jobs just to make ends meet and if you think that is OK just try and work out the logistics of getting enough hours, scheduling each job in such a manner as to be available to get those hours then most likely having to have two uniforms.... that is insanity waiting to happen.

And then to have their Minister of Finance tell them that if they don't contribute more money to a private retirement fund then they will have to work until they die.

Let us not forget the senior citizen who is sweeping the floor at the local supermarket or working as a greeter to supplement their meager pension only to be insulted by his/her government for not doing enough during their lifetime.

CIBC’s Employment Quality Index is on a downward spiral, showing a drop of more than 14 per cent in from the late 1980s. It appears job quality never fully recovered from the recession in the 1990s, and was kept down by the latest economic downturn in 2008-09 in Canada.

The report shows the number of part-time employees rose 56 per cent since the late 1980s, compared to the 37 per cent rise in full-time workers over the same period.

This is what poverty was like in the 30's before before we had social programs.....

Only the time has changed while the conditions haven't.....

The bread line is now the "Food Bank" ...... and even they are starting to feel the pressure of the slow economic recovery what with higher demand and fewer donors as quality jobs become more scarce.