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This line “new businesses are responsible for 'almost all net new job creation in this country’” Is simply bullshit, the public sector is driving a huge slice
by faeriechangling 3y ago
This line
“new businesses are responsible for 'almost all net new job creation in this country’”
Is simply bullshit, the public sector is driving a huge slice of job creation in Canada and has for the last 20 years. Now you can argue that’s a bad thing but it is a thing and this “chief economist” is simply wrong on basic facts.
- JumpCrisscross 3y ago> the public sector is driving a huge slice of job creation in Canada and has for the last 20 years I don't doubt this. But do you have a source?
- faeriechangling 3y agohttps://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410028802 https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=141002... Sept 2023 - Public sector employees: 4,291.7; Private sector employees: 13,293.4; Self-employed: 2,685.1 Sept 2003 - Public sector employees: 2,945.8; Private sector employees: 10,298.9; Self-employed: 2,430.0 Difference - Public sector employees: 1,345.9; Private sector employees: 2994.5; Self-employed: 255.1 % growth - Public sector employees: 45.7%; Private sector employees: 29.1%; Self-employed: 10.5%
- zmgsabst 3y agoCan the public sector add net jobs, or were they cancelled by losses of other jobs due to the new tax burden?
- faeriechangling 3y agoI'd say this is possible at least in principle given that communist countries had pretty high levels of employment with growing populations with pretty minimal inputs from the private sector for much of that time. If you're willing to lower your standards for what constitutes a "job" sufficiently the public sector can be a job creation machine.
- peterskillet 3y agoYour numbers show the private sector added more than double the number of jobs added to the the public sector in that time period.