Canadian Labour Congress

Canadian Labour Congress

December 02, 2010 09:45 ET

Media Advisory/Employment Statistics: CLC President, Senior Economist to Comment on Stats Can Job Numbers

OTTAWA, ONTARIO--(Marketwire - Dec. 2, 2010) - Shortly after Statistics Canada releases its monthly Labour Force Survey on Friday, December 3, CLC President Ken Georgetti and Senior Economist Sylvain Schetagne will be available for comment to the media.

Schetagne and CLC Chief Economist Andrew Jackson recently produced a study looking at key changes in the job market between October 2008-2010. They find that youth unemployment has been persistently high and the participation rate of youth in the labour force has declined. Many older workers, especially men, are going back to work because of an erosion in retirement savings perhaps due to the fall in the stock market and low interest rates on savings. The authors conclude that Canadian policy makers should worry more about unemployment today and less about possible labour shortages tomorrow.

WHAT: Analysis, job numbers for November 2010
  Statistics Canada Labour Force Survey
   
WHEN: 7:30 a.m. and following
  Friday, December 3, 2010
   
WHO: Ken Georgetti, CLC President
  Sylvain Schetagne, Senior Economist

The Canadian Labour Congress, the national voice of the labour movement, represents 3.2 million Canadian workers. The CLC brings together Canada's national and international unions along with the provincial and territorial federations of labour and 130 district labour councils. Web site: www.canadianlabour.ca

Contact Information

  • Sylvain Schetagne
    Senior Economist
    613-526-7412
    or
    Dennis Gruending
    Communications
    613-526-7431
    Mobile: 613-878-6040
    Email: dgruending@clc-ctc.ca