Canada loses 71,200 jobs in the biggest drop in employment in a decade

[langlands]

7 hours ago, gurn said:

Member when Diesel was so much cheaper than gas, then more people changed to diesel fueled vehicles and the price of diesel went up?

I remember that.

I think diesel owners will be, or are going to be, going through the same thing again because ships will soon be required to use a diesel like fuel instead of bunker crude. 

 

7 hours ago, Alflives said:

If we don't have enough hydro dams to generate all the electricity needs, then we could build some coal fired electric plants.  Or nuclear plants are clean.  There are plenty of ways to increase our electricity needs for all the electric vehicles that need 12 to 24 hours to slurp up energy.  

I guess there's nuclear options now that aren't dangerous.

Edited December 10, 2019 by langlands

[Master 112]

Lol

[HI5]

5 hours ago, Kragar said:

Yeah, "learning to code" cannot be done overnight. 

 

It does bother me though to see how much tech work is either sent overseas (typically India), or the large number of Indian workers here on visas doing technical work here in the L.A. area.  Although, at least those working onsite have generally been quality workers.  I can't say my experience with offshore teams has been as good.

 

I don't know if it comes down to a lack of local workers or cutting costs.  If citizens aren't lacking for opportunity, then there's not much wrong with the concept of bringing in those from other countries.  But when you have people bitching about low wages and the 6-figure potential in many tech jobs, you'd think those people could be better prepared for going after these higher quality jobs.

True, one can learn to code in less than two min. 

[Kragar]

1 hour ago, SabreFan1 said:

Gina's burning massive amounts of coal for power?  Didn't know that.  Thought they had some huge hydro-electric projects that they were creating.  I remember reading a couple years back about their agricultural industry being upset that rivers were being redirected and dammed up.

Gotta love good ol central planning.  Hydro can be great, but like everything else, a little moderation is a good thing/

[Russ]

2 hours ago, SabreFan1 said:

Gina's burning massive amounts of coal for power?  Didn't know that.  Thought they had some huge hydro-electric projects that they were creating.  I remember reading a couple years back about their agricultural industry being upset that rivers were being redirected and dammed up.

Hell one of their dams literally threw the earth off its axis a bit.  They have really damaged a lot of their economy and agriculture with a lot of the dams they have made.

[SabreFan1]

54 minutes ago, Kragar said:

Gotta love good ol central planning.  Hydro can be great, but like everything else, a little moderation is a good thing/

 

8 minutes ago, Russ said:

Hell one of their dams literally threw the earth off its axis a bit.  They have really damaged a lot of their economy and agriculture with a lot of the dams they have made.

I must be having a stroke.  I only now just realized that I typed "Gina" and not "China".

[Russ]

4 minutes ago, SabreFan1 said:

 

I must be having a stroke.  I only now just realized that I typed "Gina" and not "China".

I thought it was some inside joke or something you were talking about China.  

[SabreFan1]

1 minute ago, Russ said:

I thought it was some inside joke or something you were talking about China.  

 

Nope.  Apparently yet another brain fart.  What's worse is that I remember re-reading it for spelling before posting it.

 

I'll just blame it on the sadness of my football team losing yesterday and move on...

[Kragar]

17 minutes ago, SabreFan1 said:

 

I must be having a stroke.  I only now just realized that I typed "Gina" and not "China".

I wasn't sure what I was going to say about it, so left it alone.  My mind was in the gutter at that point, so I think I made the best decision 

[SabreFan1]

1 hour ago, Kragar said:

I wasn't sure what I was going to say about it, so left it alone.  My mind was in the gutter at that point, so I think I made the best decision 

I went back and edited it so as not to confuse more people.

[Ryan Strome]

On 12/8/2019 at 9:59 AM, SabreFan1 said:

It was the case under every president after Bill Clinton.  Dubya lost jobs overall after steering the world into a recession I believe, low paying jobs were a big problem with Obama, and continues with Trump.  Also, the unemployment numbers get slightly artificially deflated because of the way they define unemployment.

I'm all ears.

On 12/8/2019 at 11:06 AM, Jimmy McGill said:

 well i wouldn't go that far.

 

But in terms of what Canada got for its debt, its a pretty safe argument that we got the most benefit under BM. Too bad he had to go brown bag some payments at the end there to destroy his reputation. 

Interesting why this is never mentioned or talked about. Thanks for the info.

 

I guess businesses would be here they would have just upped prices to cover the tax I suppose. 

[Boudrias]

14 hours ago, aGENT said:

Not everyone can be a tech engineer though. That's a very real problem people tend to ignore.

 

It's not as easy as: "Let's just retrain the out of work truckers and assembly line jockeys, to tech engineers".

I cannot accept the idea that Canada and the USA cannot produce the technology workers that the market requires. Suggesting it is simply a question of retraining truck drivers is to narrow a focus. By the way I have met some pretty smart truckers.

 

The ability to educate our people into tech jobs is a national priority or should be. Canada does not have a clear industrial policy. I see a number of funded programs but little continuity. IMHO this is a national security issue no dif than securing our borders from incursions by Russia, China and the USA in our North. Talk is cheap and unfortunately that is what we are good at.

[SabreFan1]

8 hours ago, Ryan Strome said:

I'm all ears.

https://www.cnbc.com/2017/05/05/heres-the-real-unemployment-rate.html

[aGENT]

3 hours ago, Boudrias said:

I cannot accept the idea that Canada and the USA cannot produce the technology workers that the market requires. Suggesting it is simply a question of retraining truck drivers is to narrow a focus. By the way I have met some pretty smart truckers.

 

The ability to educate our people into tech jobs is a national priority or should be. Canada does not have a clear industrial policy. I see a number of funded programs but little continuity. IMHO this is a national security issue no dif than securing our borders from incursions by Russia, China and the USA in our North. Talk is cheap and unfortunately that is what we are good at.

Oh I fully agree we should have a federal education Ministry (we don't) to oversee just this sort of thing (ie: focusing students towards educations that actually have jobs waiting for them and a future in them).

 

We don't, because education falls under the provinces domain and they tend to get pissy when told what to do. 

 

I also never said truckers weren't smart. But smart or not, that doesn't mean they're suitable to be retrained at, 48 years old or whatever, in to tech engineers.

 

And it's 'narrow' because you need to look at which jobs are and will be disappearing, in vast numbers, via automation. Assembly line work is/has been disappearing for a while. Any sort of driving will be in the near future (trucking, delivery, taxi etc).

 

That's VAST swaths of people that are/will be effected, with likely a very small percentage suitable to being retrained as tech engineers.

Edited December 10, 2019 by aGENT

[Kragar]

1 hour ago, aGENT said:

Oh I fully agree we should have a federal education Ministry (we don't) to oversee just this sort of thing (ie: focusing students towards educations that actually have jobs waiting for them and a future in them).

 

We don't, because education falls under the provinces domain and they tend to get pissy when told what to do. 

 

I also never said truckers weren't smart. But smart or not, that doesn't mean they're suitable to be retrained at, 48 years old or whatever, in to tech engineers.

 

And it's 'narrow' because you need to look at which jobs are and will be disappearing, in vast numbers, via automation. Assembly line work is/has been disappearing for a while. Any sort of driving will be in the near future (trucking, delivery, taxi etc).

 

That's VAST swaths of people that are/will be effected, with likely a very small percentage suitable to being retrained as tech engineers.

Why aren't the provinces doing anything about this.  They don't like their citizens earning more money?

 

Well said.  There is a push at my work to have many of us in other roles to learn to code, and other things, so we can transition into agile roles.  That might be fine for younger people who have more likely been exposed to newer programming languages, but I haven't done any coding in almost 30 years (and I hated it then).  It's gonna take a lot more training to get me anywhere close to being able to code fast/well enough to keep the company happy, and it doesn't help that I have zero inclination to code anyhow.  Fortunately, I am moving out of my current role into something that suits me more than what my current role is becoming.

[aGENT]

13 minutes ago, Kragar said:

Why aren't the provinces doing anything about this.  They don't like their citizens earning more money?

 

Well said.  There is a push at my work to have many of us in other roles to learn to code, and other things, so we can transition into agile roles.  That might be fine for younger people who have more likely been exposed to newer programming languages, but I haven't done any coding in almost 30 years (and I hated it then).  It's gonna take a lot more training to get me anywhere close to being able to code fast/well enough to keep the company happy, and it doesn't help that I have zero inclination to code anyhow.  Fortunately, I am moving out of my current role into something that suits me more than what my current role is becoming.

IMO schools are being run far more akin to businesses than as places to enrich and educate people towards actual in demand work. AKA they care far more about their profits, cash and rankings than they do about education or post university jobs for their graduating students. Evidently the Provinces have little interest in rocking that particular boat at this point.

 

Don't get me started on the ideological nonsense spewing out of many of them as well. The inmates are increasingly running those particular asylums. 

 

But yes, the thinking that most people would have any inclination or aptitude towards something like coding...

Edited December 10, 2019 by aGENT

[Boudrias]

1 minute ago, aGENT said:

IMO schools are being run far more akin to businesses than as places to enrich and educate people towards actual in demand work. AKA they care far more about their profits, cash and rankings than they do about education or post university jobs for their graduating students. Evidently the Provinces have little interest in rocking that particular boat at this point.

 

Don't get me started on the ideological nonsense spewing out of many of them as well. The inmates are increasingly running those particular asylums. 

How about level of funding based on graduates landing actual jobs. 

[aGENT]

12 minutes ago, Boudrias said:

How about level of funding based on graduates landing actual jobs. 

No bad ideas! I'm sure the schools would be opposed though 

[JM_]

12 hours ago, Ryan Strome said:

I'm all ears.

Interesting why this is never mentioned or talked about. Thanks for the info.

 

I guess businesses would be here they would have just upped prices to cover the tax I suppose. 

pretty interesting review of the economic impact of PMs here: https://policyoptions.irpp.org/fr/magazines/the-best-pms-in-the-past-50-years/six-stewards-of-canadas-economy-history-by-the-numbers-favours-mulroney-and-chretien-while-trudeau-leaves-a-legacy-of-deficits-and-debt/

 

You'll be happy to see the slamming of PET in there 

 

this is the Mulroney part:

 

Mulroney’s trade negotiations were complemented by a range of other initiatives aimed at providing Canadians with a more competitive economy, including the conversion of the federal sales tax into the goods and services tax, regulatory modernization, the reduction of investment controls, privatization of many crown corpora- tions, and efforts to reduce inflation- ary pressures. The combined impact of these initiatives induced a major restructuring of the economy, including its reorientation along more economically logical north-south lines, allowing Canadian firms to become more specialized and competitive and integrated into North American-based supply and dis- tribution networks. Canada’s trade dependence nearly doubled as more and more firms became more specialized and trade oriented.

During Mulroney’s two terms in office, his government did less well in restoring Canada’s fiscal position. Mulroney inherited a situa- tion that most economists judged unsustainable. The federal government was spending substantially more than it was taking in from tax and other rev- enues, relying more and more on bor- rowing to finance its program spending and adding steadily to the national debt. Mulroney succeeded in restoring balance to the government’s operating budget through a combination of reduced program spending to levels approximating the government’s rev- enues and new taxes, but continued to rely on borrowing to finance the national debt. Over the course of their nine years in office, Mulroney and his colleagues added $300 billion to the national debt, all of it spent on servic- ing the debt inherited from the Liberals.

While Michael Wilson, Mulroney’s first finance minister, could not con- vince the prime minister to take tougher fiscal measures, he did work with Bank of Canada Governor John Crow to squeeze inflation out of the economy and strengthen the value of the dollar, even if these measures complicated adjustment to freer trade, and added to unemployment pressures.

Mulroney’s policies and programs put Canada fully on the road to economic recovery. His style, however, irked many Canadians, and combined with the pain that some of the adjust- ments required to make the Canadian economic sustainable in the long term, led to the greatest reversal in political fortunes in Canadian history. From a record 211 seats in 1984, the Tories under Mulroney’s hapless successor, Kim Campbell, were reduced to 2 seats in the 1993 election. While Canadians seemed almost unanimous in their rejection of Mulroney and the Tories, his successor, Jean Chrétien, proved over the next decade that he had no intention of undoing Mulroney’s policies. With the exception of a few marginal and symbol- ic changes, Chrétien accepted that the transformation in the Canadian eco- nomic wrought by the Tories neither could nor should be undone.

[PhillipBlunt]

On ‎12‎/‎6‎/‎2019 at 7:08 PM, nuckin_futz said:

 

Translation = "I made fun of the man who laughed at you. Daddy, do you love me yet?"

 

While today's number sucks. A little context is usually helpful. .....

 

I didn't see Jr. tweeting when Canada produced monthly job gains of 106.5K, 94.1K and 81.1K all within the last year.

 

 

 

 

Exactly. That useless zygote is an infection on this world much like the walking turd that erroneously helped spawn it.