Banks and Balanced Budgets
The Bank of Canada surprised most analysts this week when it decided to cut rates by 25 basis points. The move comes after the price of oil has tumbled below…
The Bank of Canada surprised most analysts this week when it decided to cut rates by 25 basis points. The move comes after the price of oil has tumbled below…
Unless you’ve been hiding under a rock somewhere, you’re probably well aware that the price of oil has fallen dramatically, to less than $50 / barrel. What this means for…
Much has been made about Stephen Poloz’s decision to abandon ‘forward guidance’ in Bank of Canada rate setting announcements for the time being. Critics bemoan the loss of direction from…
For the first time in a while, Statistics Canada gives us some good news on the job front. 74,000 net new jobs added in September, certainly nothing to sneeze at.…
Just a short post ahead of the job numbers that come out from Statistics Canada tomorrow. We still have so much ground to make up. Five years after the end…
The prospect of freer trade with European nations is generally popular among Canadians. And why shouldn’t it be? Doesn’t the Canadian left repeatedly point to the advantages of many European…
Joe Oliver’s recently announced a Small Business Tax Cut, sorry, Job Credit. Economists across the ideological spectrum denounced it as poorly designed. This opened up an interesting opportunity for a…
Recently, Minister Kenney took to twitter to defend his decision to limit the number of precarious workers entering Alberta through the Temporary Foreign Worker Program. Again, the minister is to…
Today Statistics Canada released their first set of job numbers since the ‘oops’ of July 2014. And the news was dismal. The labour market shed 112,000 private sector positions, the…
Labour market data in Canada is easily available by sex, age, and region. We spend a great deal of time talking about these factors. More recently Statistics Canada made labour…
Most of the jobs added to the Canadian labour market in 2014 were part-time – prompting headlines such as “Experts fret Canada becoming a nation of part-time workers“. Are we…
Erin does a nice job of documenting the fact that the number of EI recipients is falling, despite the fact that unemployment is rising. But it seems to me that…
Statistics Canada’s release of job numbers for June look truly dismal. The unemployment rate rose to 7.1%, and there was a loss of 9,400 jobs compared to May. Year over…
The Federal Government and Minister Kenney got a pretty good ribbing over their flawed methodology in measuring job vacancies – and with good reason. Anyone who has used Kijiji for…
The number of job vacancies recorded by Statistics Canada are at a four year low (job vacancy data collection began in January 2011). The number of unemployed persons has changed…
Erin has already commented that the tiny silver lining of 26,000 net new jobs in May covers a net loss of full-time jobs. In fact, if you compare this May…
The Parkland Institute is releasing a report on why unions matter. I contributed to the report, which was spurred by Alberta government restrictions on collective bargaining and anti-union labour law.…
I’ve written a little bit about the importance of tracking underemployment trends, and this is particularly important when those trends diverge from the headline unemployment rate. This graph (12 month…
The Globe and Mail reports that the results of the Workplace Survey have sat on a shelf for two years due to cuts at Statistics Canada and a lack of…
My mother says that when she graduated from high school in 1972, she had two occupational choices: nurse or teacher. Nurse and teacher are still the most popular choices for…