OTTAWA – Canada’s unions welcome the job gains reported in the September findings from Statistics Canada’s monthly labour force survey released today, but are warning that expanded government investment will remain crucial to a full economic recovery.
“Despite ongoing gains, the latest numbers continue to signal medium-term risks to Canada’s labour market,” said Hassan Yussuff, President of the Canadian Labour Congress (CLC). “We are seeing increases in long-term unemployment, and young people, low-wage workers, women and racialized workers continue to struggle in this job market.”
While unemployment rates declined further in September, new rounds of layoffs are threatening the aviation, hospitality, accommodation and food service sectors. The federal government did pledge that it would create 1 million new jobs in last month’s Speech from the Throne.
“Now is not the time for austerity. The government must work quickly to ensure immediate action on job creation,” said Yussuff. “There needs to be focused investments on programs that will show immediate benefits for employment, like a national, universal public child care program.”
Canada’s unions are also calling on the government to take advantage of low interest rates to build a green economy through innovative infrastructure projects.
After the 2008 global economic downturn, Canada’s government failed to invest in the economy and it took years for workers and their families to bounce back. With the COVID-19 crisis, Canada’s unions are calling on all levels of government to resist calls for austerity and to instead expand investments in working people in order to ensure a robust recovery.
To read more about the directed investments the CLC is calling for, visit canadianplan.ca.