Unemployment Rate In Canada

One of the most pressing issues faced by Canada today is unemployment. In fact, reports confirm that the jobless rate continues to increase every year. As of February this year, the unemployment rate was at 7.0%. The presence of unemployment rate is evident in various provinces. In Quebec, the number of people working declined by 26,000 in February. Alternately, the number of employed in British Columbia fell by 10,000; while Saskatchewan nearly 6,000 individuals are unable to find jobs. The Conference Board of Canada projected that the country’s labour woes could reach to more than one million workers by 2020. In addition to this, experts predict that the unemployment rate in this country will surpass that of the United States. Along with the dismal figures and projections, the problem of unemployment consequently creates numerous negative consequences on the nation’s economy, its government, and of course its people. Some of the known effects of unemployment include reduced spending power, an increase in financial cost, recession, and even crimes and violence. Individually, long-term unemployment may result to depression, loss of self-respect, and strained relationships with family and friends – ultimately causing damage to the person’s overall well-being. The adverse effects of unemployment only show that this issue imposes a significant cost both on a national and individual level. As such, it is of primary importance to create an immediate plan of action to alleviate

Canada is already to become overpopulated and there are already 1,364,800 people(approx.) unemployed in Canada so if more people immigrate to Canada than more people will be unemployed. The unemployment rate increased by 12,500 to 1,364,800, while employment decreased by 35,700 to 17,986,800, after four straight months of job gains.

“Luckily, we got into a position by 2008 that we could deal with recession. We’ve done a lot of smart things. Can we do things better? Sure. But when you compare things to where they were 20 years ago, I think we should be proud-and not afraid of saying ‘look, people can learn some things from us.’” Almost every Canadian is proud of what Canada has been capable of doing over the past 20 years. Some reason that Canada is the best place in the world is opportunity, connection with nature, education and equality. Canada offers brilliant career opportunities for parents and for students who have graduated from high school or university. Canadians have a very strong bond between them and the nature in Canada because they consider nature as a human

The employment affiliation can be complex, with no quick and easy method to use which will provide an instant answer. When collecting information from the parties in regards to their work association, the inspector/health and safety officer must keep in mind that the numerous tests are not tests in and of themselves, but rather circumstances outlined in jurisprudence. They may be given more or less credence in a particular case to establish if a worker is simply part of the payer's business or in business on his or her own account (Determining the Employer/Employee Relationship - IPG-069, 2012).

Employee skills and the ability of employers to attract and retain skilled workers will be a primary concern to Canada’s economy in the immediate future. A train overflowing with crisis is approaching, and we need to stop listening for it to come because it’s already bearing down on us. Labour and skill shortages in Canada can be attributed to: aging population, increased life expectancy, migration of highly skilled labour, and the disparity between the skills possessed by youth and the skills demanded by employers.

Consistently, Canada has scored in the top 10 countries for quality of life but such an impressive measure doesn’t take into account the living expenses in some of Canada’s largest cities. Canada has some of the most expensive cities in the world to live in including Vancouver and Toronto. And without a regulated living wage some Canadians are forced to rely on a minimum wage that may not support what it costs to live in one of Canada’s cities.

The only thing constant in this world is ‘Change’ be it change in your job structure or your whereabouts. To make this transition hassle-free, Canada has opened gate to several Visa Options.

Unemployment rate, one of the biggest macroeconomic indicators. Unemployment rate controls the rate of the economy, or GDP. If unemployment rate drops from 9.1% to under 5%, the entire economy would benefit. The job market would increase, total products produced would increase, and the overall standard of living would also increase. Employment is a key economic factor that affects all things economic.

In this person’s article, he/she discusses some of the hardships which many immigrants, may face in Canada. This person talks about how they at first had utopic dreams about Canada: that Canada did not have any “human weaknesses” and that they would find a job and be happy, free from racial discrimination. However, in the viewpoint of the author, this is far from the reality. The author warns about the difficulties of finding a job in Canada: difficulty in communication between the immigrant and the job supplier, lack of trust with the immigrants history in their home country, the fact that many of the jobs are not advertised in places where people can access them, and racism in choosing which person should get the job. Because of this sources personal experience, he/she warns others not to come to Canada. This is the reason that this source was created is to warn other people from facing the same dangers the author did in Canada. This author ends his/her article by saying that “work” is not something you can depend on to find in Canada. The main economic issue regarding immigration that this source addresses is that it is often very hard for newly landed immigrants to get jobs for many reasons. This is a very important problem as the main reason that the immigrants are let into Canada in the first place is to find a job and help Canada's economy.

This survey was introduced to observe the way society lives in today's world, and how they live paycheck to paycheck. The Canadian Payroll Association had a conclusion after this survey that most Canadians are not happy with the way they live. Because of the weak economy, Canadians believe that they are not going to be able to retire at an early age, there just won't be any money saved. Statistics prove that the economy in the housing market is the biggest factor most families face in today's world because society dictates that we need things in life to survive. People are living above their means, and that’s why the credit card companies are getting richer.

Canada’s high unemployment rate combined with the number of job vacancies advocates a problem, and it’s possible that the jobs offered aren’t enticing enough for Canadians, for reasons such as wage or health and safety.

Many Canadians may look at the minimum wage increase as a positive aspect of the economy, however, there are other factors which contribute to this matter. The cost of living in Canada is rising, for example, food prices have inflated by 1.1% since August 2015. This may not seem like a considerable amount, but the costs accumulate over time.

If you were asked are you against or for the Canadian Welfare State, what would you answer? Prior to all of the research that I have constructed for this assignment, I had little knowledge about the Canadian Welfare State. There is a lot of criticism and support from those who are against and for the Canadian Welfare State, but what exactly is it? Before coming up with my opinion I had to get to know the Welfare State, its history, and the advantages and disadvantages of it.

At this point of time, the minimum wages are at a good rate because otherwise if the wage is increased too much the companies will go into debt. Not everyone earns the minimum wage but in fact most people earn more than that hourly. Since Canada is in debt, it’ll be a good thing if people have a higher income from these type of basic jobs because then they’ll have to pay more taxes. In my opinion, rich people should have higher tax rates depending on how many people they have in their household. It would make more sense if the people who have a lot of family members living with them in the same house should have a lower tax rate even if they are rich. Then, rich people with less members in their household should have a higher tax rate. This

     Besides a relatively non-competitive business environment, Canada?s labour force also lacks the competitive mindset. Structural employment remains high, which is partly due to the existence of social assistance and unemployment insurance systems. Work incentives are low under the protection of the employment insurance program, which indirectly contributes in a higher than the desirable unemployment rate. Furthermore, unions and other similar groups do not promote many incentives for workers to stay competitive in the workplace by continuously learning and improving productivity. Countries that have been most successful in cutting unemployment are those that have improved