6 ms·
They were slow to let off the gas pedal after the labour shortages during COVID. There's been a massive swing in the other direction now.
by cmrdporcupine 1y ago
They were slow to let off the gas pedal after the labour shortages during COVID. There's been a massive swing in the other direction now.
- FirmwareBurner 1y agoWhat kind of labor shortages are we talking about? Isn't "muh labor shortage" just corporate propaganda for importing more cheap labor to drive down wages and increase rents? Also, isn't it completely reckless to import a lot more people in a short timespan, without the necessary housing and infrastructure (doctors, nurses, teachers, etc) to support them in the first place?
- cmrdporcupine 1y agoSmall businesses were having a hard time staffing stores and the like. For a short period 2021 to maybe early 2023. It's definitely not the case now. Unemployment is way up. Which I suspect is a combination of factors (slowing economy & tariffs) not just immigration. But yes, Canadian governments work for employers, not workers. Just like any other advanced capitalist country. There is an expectation that there's a "natural" unemployment rate in this country around 6%, and they freak out if it goes much lower than that. In general, when regular people are complaining about inflation they're complaining about their groceries. When you hear businesses and governments concerned about inflation .. they mean they're stressed out because minimum wage employees are demanding some basic respect that employers feel they shouldn't have to provide...
- deleted 1y ago[deleted]
- pseudo0 1y agoThere were no labor shortages during COVID... Low-wage employers just panicked because they were suddenly competing with generous temporary government benefits. No wonder Canada's productivity is stagnant and on track for the lowest growth in the G7. Why invest in technology or productivity when you can just cry to the government for cheap, indentured labor?
- swat535 1y agoThere has been a massive swing? They announced a small reduction and called it a day.
- cmrdporcupine 1y agoThe tightening of international student visas has actually been quite significant. Its effects on colleges and universities has been very drastic. And it has effects in the labour market as well.
- cmrdporcupine 1y agohttps://archive.is/awVp8#selection-2637.0-2640.0 https://archive.is/awVp8#selection-2637.0-2640.0 Quarter with the slowest population growth since at least 2018, excepting one quarter in 2020.