Canadian Labour Congress

Canadian Labour Congress

June 06, 2007 12:00 ET

Media Advisory/CLC: What Happened to Jobs in May?

OTTAWA, ONTARIO--(Marketwire - June 6, 2007) - Early analysis of the latest employment numbers from Statistics Canada will be available from the Canadian Labour Congress via a dial-in conference call this Friday morning, June 8th, starting at 7:45 a.m.

Chief Economist Andrew Jackson will give a ten-minute analysis of the Labour Force Survey for May, highlighting job losses, job gains and overall trends in the jobs available to Canadians today.

Following the call, Jackson will be available for individual calls/interviews after 8:30 a.m.

HOW TO JOIN THE CALL

Local Ottawa dial-in: 613-787-5141.

Toll-free dial in: 1-866-797-9098

Enter conference ID: 5577000#

Please set your phones to "mute" to guarantee sound quality.

In recent months, Canada has lost over 50,000 manufacturing jobs. It's a trend that has seen the country lose over a quarter million manufacturing jobs over the past five years. Ontario has lost one in eight of the manufacturing jobs it had in 2002, while Quebec has lost one in five.

Increased employment in other sectors has more than offset the number of manufacturing jobs lost, even in Quebec and Ontario. However, most of the jobs created in recent months have been part-time and/or self-employed positions as opposed to full-time, paid positions. The jobs created in other sectors pay lower wages, on average, than manufacturing jobs.

Statistics Canada recently concluded that Canadian workers displaced by firm closures and mass layoffs who find other jobs suffer an average decline of 25% in annual earnings, implying a loss of about $10,000 for a typical manufacturing worker. Given the disappearance of one-quarter of a million manufacturing jobs, the total loss of Canadian earnings is now probably around $2.5 billion annually.

Visit www.canadianlabour.ca and click on "Made in Canada Jobs".

Contact Information

  • Canadian Labour Congress
    Jeff Atkinson
    Communications Department
    613-526-7425 (desk)
    613-863-1413 (cell)