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21 March 2014

Ontario job market undergoing seismic shift: report

TORONTO – Ontario's labour market woes can't be blamed on a recession hangover – the underlying trouble is a long-term, seismic shift that requires new policy answers, says a report by the Canadian Centre for Policy Alternatives-Ontario (CCPA-Ontario).
Key trends highlighted in the report:
  • Ontario's well-paying manufacturing sector went from the bedrock of the economy at 18% of the labour market in 2000 to 11% by 2013 – a loss of 290,000 jobs;
  • The growth in jobs was concentrated in the service sector – it represented 73% of jobs in 2000 and but rose to 79% in 2013;
  • Involuntary part-time employment rose by 43% since 2000;
  • Temporary and part-time work grew faster than full-time work;
  • The recession wreaked more havoc: there remain 270,000 missing jobs since 2008;
  • Ontario's long-term unemployment rate remains one of the worst in the country – there are 125,000 more unemployed workers in Ontario than before the recession. continue reading CCPA-Ontario Report
On the same shelf: 
  • Ontario’s job market undergoing ‘seismic shift’ from full- to part-time jobs Ontario’s labour market is in tumult as the province slides from a workforce of steady full-time jobs to shaky part-time posts, warns a new study.thestar.com

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