TORONTO, June 8, 2012 /CNW/ - Canada's unemployment rate remains
stubbornly high and continues to show troubling trends of growing youth
unemployment as well as more self-employed workers, CAW President Ken
Lewenza was reacting to Statistics Canada's Labour Force Survey for May,
which was released June 8. The survey showed Canada's jobless rate
remained at 7.3 per cent and that the economy only picked up 7,700 jobs
Although there is some good news with manufacturers adding 36,000
positions last month, and gains in retail, wholesale and agriculture,
the construction rate dropped, as did jobs in the information, culture
and recreation areas, he said.
"Stubborn high unemployment, especially among certain demographic groups
such as youth means it's clear that Canada needs a strategy to create
good jobs," Lewenza said.
Unemployment among youth aged 15 to 24 increased from 13.9 per cent in
April to 14.3 per cent last month. The survey noted that youth
employment is roughly at the same level as in July 2009, when the
labour market downturn hit a low.
"The federal government must take heed of these job trends and take
action to help all Canadians, including our youth find secure, decent
full time jobs," Lewenza said.
He again stressed the need for a multi-stakeholder, national good jobs
summit, which he said is long overdue given the massive structural
changes the Canadian labour market continues to endure. Over the last
seven years, more than half a million good paying manufacturing and
processing jobs have been lost.
CAW economist Jim Stanford recently told the House of Commons Standing
Committee on Finance that Canada's labour market has only marginally
recovered from the worst days of the 2008-09 recession.
He presented the Committee with estimates of actual unemployment, which
he pegged at almost 2.3 million Canadians, or over 12 percent.
SOURCE Canadian Auto Workers Union (CAW)
For further information:
contact CAW Communications, Shannon Devine, cell, 416-302-1699 or John McClyment, cell, 416-315-3202.