Canadian Labour Congress

Canadian Labour Congress

August 10, 2007 06:00 ET

REMINDER/Media Advisory/CLC : Early Analysis of the Latest Employment Numbers

Canadian Labour Congress economist Erin Weir will take your calls Friday morning

OTTAWA, ONTARIO--(Marketwire - Aug. 10, 2007) - In June, over a million Canadians who wanted to work did not find a job. The Canadian economy lost another 31,000 manufacturing jobs and replaced them with 31,000 new jobs in retail and wholesale. According to Statistics Canada, workers displaced by firm closures and mass layoffs in the manufacturing and resources sector who find other jobs experience an income loss on the average of 25%, or about $10,000 in annual earnings.

What do July's employment numbers mean for working Canadians? Is it time for the federal government to make the creation of good jobs a priority? Can working people afford another hike in the Bank of Canada's central lending rate?

Economist Erin Weir will be available to comment on the latest employment numbers shortly after they are released. He can be reached at his desk, 613-526-7412, from 7:30 a.m. (EDT) this Friday, August 10.

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 136 district labour councils. Web site: www.canadianlabour.ca

Contact Information

  • Canadian Labour Congress
    Jeff Atkinson
    Communications
    613-526-7425 and 613-863-1413
    or
    Canadian Labour Congress
    Erin Weir
    Economist
    613-526-7412