02/13/2018

Ontario Sheds 50k Part-Time Jobs Amid Rising Minimum Wage

Andrew Moran, Economic Collapse News

Are part-time jobs going extinct in the province of Ontario?

In January, the economic engine of Canada hiked the minimum wage 20 percent to $14 per hour. In that same month, Ontario lost more than 50,000 part-time jobs – it only gained 8,500 full-time positions. This means there were 46,100, or 3.4 percent, fewer part-time gigs last month than the same time in the previous year.

Is there a correlation between the minimum wage hike and the evisceration of part-time posts?

Ontario Economic Development Minister Steven Del Duca scoffed at the suggestion, espousing the same old Liberal Party talking points.

Read full article



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With interest rates flattened [by the Federal Reserve], government zeroes out the future. Abandoned were 80 percent of private defined-benefit pension plans. Public plans faced a similar evisceration in the future. With no acknowledgement, the U.S. government had casually dispossessed the American middle class of its retirement assets and pushed millions of Americans into acute dependency on government programs. ... Government dependency negated the American dream.

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