January Job Losses

(WINDSOR, ON) – Canada’s Chamber of Commerce is concerned about the latest report from Statistics Canada showing more lost jobs across the country. There were 88,000 less in January, the steepest single-month job loss since 2009. Ontario alone lost 53,300 part-time jobs during the month.

The Chamber is not surprised at the numbers. It says it has been warning that government spending is becoming a threat to the nation’s prosperity.

While it would be a mistake to assume that one month’s figures necessarily indicate a trend, January’s dramatic decline in jobs should remind Canada’s governments that investment and jobs are at risk. – Canadian Chamber of Commerce

The Chamber said it wrote to Prime Minister Justin Trudeau and provincial premiers last July. The message seems to have been predictive. The Chamber warned the political leaders about, “the serious cumulative impact of the growing burden posed by fees, taxes, and regulations the private sector is being asked to bear.”

In the letter, the Chamber, “pointed out that, while Canadian governments continue to pile an ever-increasing burden onto Canadian businesses, our competitors are cutting the tax and regulatory burden on theirs.”

Since we sent our letter, the United States has undertaken the most sweeping tax and regulatory reforms in over a generation, all of which are designed to attract investment and jobs, while our governments have continued moving in the other direction. – Canadian Chamber of Commerce

Governments, said the Chamber, may ignore competitiveness, but investors won’t be as ignoring.

“Continued inaction risks the futures of families and businesses across Canada,” said the Chamber, adding that current job loses, “should be a wake-up call. Now is the time for us to take the initiative and build a winning economy for all Canadians.”

Windsor’s unemployment rate actually dropped in January, moving from 6 per cent down to 4.6 per cent. But, the Windsor-Essex Regional Chamber of Commerce did not see this as good news. In a related news release, it cautioned that, “Ontario’s historically low unemployment rate is a red herring, as more individuals remove themselves from the workforce or simply give up the search.”

The local Chamber was commenting on the just released second annual Ontario Economic Report which revealed nearly 50 per cent of its members report a lack of confidence in the province’s economy.

“The percentage of Ontarians not participating in the labour force is at an all-time high of 35 percent, contributing to employers’ on-going struggle to attract talent,” said WERCC. The report also points out that Canada’s total exports as a percentage of the GDP has been significantly deteriorating for 15 years.

“This important report identifies key vulnerabilities within our regional and provincial economy, and provides decisions makers with the understanding needed to find solutions that will drive our economy forward,” said Windsor Essex Chamber chief executive Matt Marchand.

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Robert Tuomi
After initially succeeding as a broadcast journalist and achieving senior level assignments, Robert branched out into marketing communications. As a senior executive, primarily in the high-tech industry, Robert created award-winning and comprehensive, multi-faceted initiatives to enhance sales and expand market awareness for some of the largest companies in their fields. Email Robert Tuomi

1 Comment on "January Job Losses"

  1. A few points – stats canada does not reliably determine unemployment rates. When a single month is viewed, the numbers are often skewed as they use sampling to determine unemployment rates, not hard numbers. Over the long term (e.g. 6 months or more), their numbers will be indicative of trends. Such is the nature of statistics.
    Second, the Chamber of Commerce is trying much too hard to be provocative and political. When did their mandate become so anti-people, pro-business? The Chamber claims any numbers (up or down) are indicative of a problem. Perhaps the “red herring” is best ascribed to the fact that our population is aging and more people are retiring so increasing the “not participating” rate.

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