Canada unemployment still on the rise
2009 2009-12Read it in the scan (PDF at ETOL), page 11 →
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With joblessness, unemployment insurance applications, bankruptcies and food bank usage still on the rise, claims of an economic rebound simply mock the victims of the capitalist economic crisis. Canada’s 55 billionaires, and their government in Ottawa, seem not to be much concerned; their focus is on reigning-in public spending and reducing the debt at the expense of working people.
Unemployment in Canada is 8.6 per cent, officially, though it is higher in Ontario, and actually double that rate if discouraged workers and the involuntarily part-time and under-employed are taken into account. Economists at Export Development Canada, and at the Paris-based Organization for Economic Co-operation and Development, stress how “feeble” the ‘recovery’ is, and predict growing joblessness throughout 2010 across the world’s most developed economies. Of course, even prior to the crash in 2008, rates in the less developed countries An indication of increasing desperation is the growth of dependence on food banks, and the inability of the latter to cope with the demand. HungerCount’s annual report shows that of the 800,000 people who visited a food bank in March 2009, 72,000 were there for the first time; close to 300,000 of the users were children. The increased demand on food banks is due not only to the ‘recession’, but to the disappearance of well-paid jobs in the manufacturing and forestry industries, to be replaced by low-paying positions. — BARRY WEISLEDER were already catastrophic. Paraguayan ambassador to the OAS said, “Paraguay is not only not going to accept the outcome of the elections, it will not even accept that the elections are held. These elections for us simply will not exist.” The Brazilian ambassador to the OAS remarked that the situation was like a “badly written soap opera, with sinister characters played by the de facto regime, which history will judge.”
But the American ambassador struck a much different note. “I’ve heard many in this room say that they will not recognize the elections in Honduras,” he said to the group. “I’m not trying to be a wiseguy, but what does that mean? What does that mean in the real world, not in the world of magical realism?” The American ambassador went on to note that they would eventually have to accept the elections as legitimate.