this post was submitted on 07 Apr 2024
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[–] adespoton@lemmy.ca 10 points 1 year ago (1 children)

So this is saying we’ve been growing the employable workforce faster than we’ve been creating jobs. Or is it saying that we’ve net lost jobs? It’s hard to tell from the way it was phrased.

It also seems to be implying that existing jobs were lost while new jobs were created for immigrants. It’s being very careful to imply that without directly saying it, which makes me question whether that’s actually going on.

[–] sbv@sh.itjust.works 12 points 1 year ago* (last edited 1 year ago) (1 children)

The article says:

The country added 57.7k workers for a grand total of 21.72 million in March. Unfortunately the economy also lost 2.2k jobs over that same month.

I read it as

  • +58k new workers
  • -2k jobs

So we've net lost jobs, while we've grown the workforce. At least by my reading.

[–] Nouveau_Burnswick@lemmy.world 5 points 1 year ago (1 children)

So a total of ~60k less job vacancies?

[–] sbv@sh.itjust.works 8 points 1 year ago* (last edited 1 year ago) (1 children)

I'd phrase it as 60k people without jobs. But basically, yeah.

[–] Nouveau_Burnswick@lemmy.world 3 points 1 year ago

Yup, I read that backwards.