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Canadian employers wipe out 71,000 jobs

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Canadian employers wipe out 71,000 jobs


Business | 206617 hits | Dec 06 9:46 am | Posted by: kitty
12 Comment

November data show largest net loss in 26 years; Ontario's manufacturing sector hit especially hard

Comments

  1. by avatar herbie
    Sun Dec 07, 2008 3:17 am
    And 4 of them were thanks to me....
    but I did hire ONE part timer Friday.

  2. by avatar dog77_1999
    Sun Dec 07, 2008 5:30 am
    Yikes, that's like losing 710000 jobs in the US. I hope the government crisis is resolved to deal with the economy.

  3. by Anonymous
    Sun Dec 07, 2008 6:15 am
    Things are getting tough,for the first time in 40 years the Bellevue inn tavern was closed today for lack of staff.The town of bellevue was in chaos as people had to drive 5 miles to the next liqour store.

    Par for the course though as allmost every restaraunt and bar in town has shut down because of a lack of workers.

  4. by avatar Scape
    Sun Dec 07, 2008 6:54 am
    "dog77_1999" said
    Yikes, that's like losing 710000 jobs in the US. I hope the government crisis is resolved to deal with the economy.

    More like

  5. by avatar dog77_1999
    Sun Dec 07, 2008 7:06 am
    "Scape" said
    Yikes, that's like losing 710000 jobs in the US. I hope the government crisis is resolved to deal with the economy.

    More like

    If you were to read what I had said, I was comparing the job losses relative to population size. I was trying to point out that the situation is worse in Canada and the government needs to stop with the Coalition crap.

  6. by avatar Scape
    Sun Dec 07, 2008 7:35 am
    dog, the job losses were on the books before the coalition was even though of.

  7. by avatar dog77_1999
    Sun Dec 07, 2008 8:35 am
    "Scape" said
    dog, the job losses were on the books before the coalition was even though of.


    Again, I would like to see the government stop this bickering and focus on the economy so there aren't any more job losses.

  8. by avatar commanderkai
    Sun Dec 07, 2008 9:39 am
    Damn...I'm glad my family has a safety net, especially if GM goes under...

  9. by avatar Scape
    Sun Dec 07, 2008 9:48 am
    "dog77_1999" said
    dog, the job losses were on the books before the coalition was even though of.


    Again, I would like to see the government stop this bickering and focus on the economy so there aren't any more job losses.

    Me 2 dog.

  10. by avatar dog77_1999
    Sun Dec 07, 2008 10:17 am
    "commanderkai" said
    Damn...I'm glad my family has a safety net, especially if GM goes under...


    Yeah this is a good lesson for everyone. Never rely on a pension. The simply fact is you are relying on someone else to give you money even if they promised it to you. Stocks and bonds are owned by you and will be there (if diversified of course).

  11. by avatar CommanderSock
    Sun Dec 07, 2008 2:49 pm

    Stocks and bonds are owned by you and will be there (if diversified of course).


    Indeed. Securities, even after falling are still a great way to survive post job. Especially if you hold a hefty number of coupon bonds.

    Canada has a much stronger safety net than the US. I wonder how it will cope with all the folks going on EI.

  12. by Anonymous
    Sun Dec 07, 2008 4:20 pm
    "ziggy" said
    Things are getting tough,for the first time in 40 years the Bellevue inn tavern was closed today for lack of staff.The town of bellevue was in chaos as people had to drive 5 miles to the next liqour store.

    Par for the course though as allmost every restaraunt and bar in town has shut down because of a lack of workers.


    The unemployment rate is still dropping in all but 2 provinces.

    http://www.ctv.ca/generic/WebSpecials/C ... loyment08/

    3.7 down to 3.4 in Alberta, part of the 70000 job losses in Canada was 25000 temporary election jobs.
    That's easy to fix...300 000 000 well spent. The number of jobs in Canada is still up since January despite the recent job losses. The truth is always hidden in the numbers. :wink:



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Who voted on this?

  • WDHIII Sat Dec 06, 2008 10:03 am
  • allan_17 Sun Dec 07, 2008 10:43 am
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