Canada lost 84K jobs as unemployment rate rose to 6.7% in February: StatCan

https://lemmy.ca/post/61729595

Canada lost 84K jobs as unemployment rate rose to 6.7% in February: StatCan - Lemmy.ca

Lemmy

The decline was led by youth aged 15 to 24 years old, with a drop of 47,000.

It’s like we’re dead set on radicalizing our youth. :(

Left radical? (:

oh

oh

):

Hopefully we’ll get an alternative voice to PP who can talk to young Canadians when the NDP leadership election is done. One that would offer them believable material improvements.
I’m hoping for Ashton, I think him being a worker will bring some actual legitimacy to a labour party. Unfortunately we’ll probably get Lewis who seems about the same as Singh.
I voted Rob first, Avi second. I think while Avi looks Singh-like at first glance, is very different ideologically and when examined in detail or listened to. But if he’s elected leader, he must convince you of that himself.
Fingers crossed. But I’m not holding my breath.
Skepticism is super warranted. Skepticism of the mind, optimism of the will!
Its not just about what they offer but getting their voice out there as well. Much as i hate it, they’ll have to make short form content like tiktoks or shorts to reach that demographic. Some podcast appearances could help as well.
For sure. Some are already doing that.
TikTok - Make Your Day

Jagmeet also had a tik tok presence.
The presence is necessary but not sufficient.
PPs bad plans, like “tying immigration to housing” whatever that means.
If that were the only thing PP planned, me and my friends would not have spent money on defeating him. More like privatizing the CBC which would put all TV media under corporate ownership. And we know what effects on democracy that has.
Ya I felt like Pierre around 2021, when we were doing mass immigration into a housing crisis. I’m pretty pessimistic on most Canadian media, Vassy is the gem.
It’s ok, Boomers still have all the money.

Gen X has all the money actually.

And they got way richer during COVID.

Gen X has all the money actually.

Do we? I hadn’t noticed.

And they got way richer during COVID.

Again, that’s not this gen-Xer’s experience. I (along with a lot of my co-workers) lost our jobs during and shortly after covid.

And ain’t nobody hiring “old people”, and especially not at anywhere near the income we were making before.

It’s not equally distributed for sure, what we see in the actual data is the avg Gen X household has had continuous economic growth. If you play with the data and break it out even further, the wealthiest Gen Xers are the ones who are mopping up all the growth.

Millenials and Boomers are relatively stagnant, but Boomers are retiring and drawing down on savings. They merge Millenials and Gen Z in this data, which I think is problematic, but whatever.

www150.statcan.gc.ca/t1/tbl1/en/cv.action?pid=361…

Add/Remove data - Distributions of household economic accounts, wealth, by characteristic, Canada, quarterly

Wealth and its subcomponent distributions, dollar values and dollar value per household, by household characteristics such as income quintile, age, housing tenure and composition, Canada, annual 2010 to 2019 and quarterly starting 2020.

The youth unemployment rate is so bad. i)Just create a grade 13 to bring up everyone’s education level.
ii)Make college free.