Tag: hiring practices

Long-term Joblessness in Canada

So Canada is much better off than all other OECD countries? We have economic growth of supposedly 2%. How can this be? Statistics magic saves the day. Lose well paying full-time jobs, gain low wage part-time jobs, and call it even. Unfortunately your average citizen here in Canada knows first hand that job and economic statistics do not put food on the table. Long-term joblessness, as I know first hand, is a common and growing problem. We need to overstate that this personally decimates the job seeker but society overall. The negative implications long-term joblessness or unemployment are widespread and damaging to society in general. The newly jobless scale back discretionary purchases. The long-term jobless change their philosophy of life and spending, resulting in radical systemic changes to our retail and marketing environments. Health deteriorates, resulting in higher long-term health costs. No matter if you are currently employed, long-term joblessness will affect you directly or indirectly.