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Wednesday, December 09, 2020

First Good News.


First the good news - on Nov.6 Stats-Canada reported that in October 84,000 new jobs were added to the Canadian economy.

 Now the bad news, yes even under capitalism there sometimes is bad news! Nearly one quarter of Canada's unemployed have been without work for six months or more. Nearly 450,000 were considered long-term unemployed in October, meaning they had been without a job for 27 weeks of more. Their ranks swelled by 79,000 in September and by 151,000 in October. 

Much of this has been caused by the pandemic, but it still gets down to Mother Earth meaning it’s another situation that capitalism and its political upholders can't deal with.

S.P.C. Members

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