Stats Canada Job Numbers Disprove Premier Brad Wall's Assertion That There Is A Labour Shortage In The Province
Wall recently traveled to Ireland with a delegation of business executives and MSM reporters to try and encourage unemployed Irish workers to move to Saskatchewan.
That little adventure has not worked out very well for those Irish who pulled up stakes and came to Canada..
Today, Erin Weir, economist and candidate for leadership of the Saskatchewan New Democrats, issued a news release that shed light on Premier Wall's assertions of a labour shortage:
Twice as Many Unemployed Workers as Job Vacancies in SK
Today’s Statistics Canada report on job vacancies indicates that Saskatchewan has twice as many unemployed workers as job vacancies (27,000 versus 14,500).
Far from a labour shortage, Saskatchewan has a shortage of available jobs. Over the past year, Saskatchewan’s ratio of unemployment-to-vacancies declined from three-to-one to two-to-one. However, we still have a worse ratio than Alberta.
Also, the apparent improvement in Saskatchewan’s ratio reflected an increase in job vacancies (to 14,500 from 9,300) rather than a decrease in the number of unemployed workers, which barely changed over the past year (27,000 versus 27,500).
The provincial government should invest in training and apprenticeship to help unemployed workers move into available jobs. However, the underlying problem is that there are only half as many available jobs as unemployed workers.
The Saskatchewan government should focus on job creation rather than austerity.
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