Here’s the reality in that data:
1) As Derek Holt points out, there is no hours worked increase. That remains static. But it is hours worked that “drive incomes, not body count.” Holt speculates that the already employed are working fewer hours, and there is plenty of anecdotal evidence to suggest such a situation is probable.
2) The so-called new jobs have not increased labour productivity one iota. There is, in other words, no output growth, no real economic growth resulting from job increases.
3) All the job increases were in the low paying service sector, while jobs in both manufacturing and construction decreased significantly.
The Canadian economy under the weak neoliberal stewardship of the arrogant Harper Regime continues to stagnate, and, as a result, while the 1-10% continues to live well, the middle and working class suffer. A global economic implosion is on its way, and, given the average debt load of Canadians, we will be hit hard when that happens.
StatsCan:
Job Gains too Good to be true:
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