Unemployment rate increased 0.2% points to 6.4%: economist
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- čas přidán 4. 07. 2024
- Brendon Bernard, senior economist at Indeed, joins BNN Bloomberg to discuss the latest report on Canada and U.S. jobs data.
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But we are told there is a labour shortage and must import workers. Very confusing.
Maybe just mayyybeee somebody's lying?!?!! Ohhh that can't be!!!!!
the key is labour shortage at what price point?
@@ajaxstone importing more people lowers wages, genius.
There’s a liberal voter shortage. They’re trying to import liberal voters
Our boss openly tells us to get out if asked for raises, as he mentions the number of applicants he has for the same jobs.😢
Canada doesn't have a productive economy. We had a debt binge based on a real estate asset bubble.
Canada's economy is sick because our former economic strength was predicated on low rates and a hot housing market domestically. Now we're feeling the inevitable economic hangover. Expect this pain to continue until land prices fall, and the cost of doing business gets cheaper.
Bring more immigrants, more international students and face the music.
Unexpectedly???
I'm afraid Trudeau's effort to make more hotels state-owned will only make the homeless finally a new professional group. What's the point for the 9-to-5s to work with so little pay but enjoy nothing free?
Yet home prices are still not falling
20 years of rampant price appreciation isn't going to unwind in a day. Give it time... seller capitulation seems all but inevitable now.
PC leader Pierre Poilievre is one the main problem as he owns multiple properties and the greed causing unfordable housing. I will not vote for him unless I'm very rich as his policy will help the very rich not the average middle class or low income folks.
@@citizenm9590As if Justin and Jagmeet , are hard working Canadians with no financial assets worth millions!!!
@@citizenm9590 Because Trudeau is such an ordinary middle-class guy that's done such a great job on housing?........
@@citizenm9590nice joke😂
Honestly, does anyone really know what they are doing. We elect people who appoint people to take care of these problems.
Brendon has too many verbal ticks, "uh" is 90% of what he says.
Wage growth is baked in because of contracts that have been signed in response to previous inflation. Wage growth has not caught up to inflation yet, every worker today is still poorer than he was in 2021. Wages have also increased because the government has added so many public sector jobs. Too many, basically a workfare program that current taxation cannot afford, in an attempt to make the economy of Canada look better than it actually is. We are borrowing against our future right now, to try to fund our current lifestyles, without addressing the fundamental private sector employment shortfalls.
Canada currently has a poor industrial base. Gifted with resources we refuse to exploit.
LOL i was thinking he talks like justin trudeau
Best comment and agree 100%
We have a shortage of construction, healthcare and services jobs. Why aren't business and govt hiring?
Cause labour shortage is a myth
Budgets.
Failed government policy and incompetence.
Uncertainty.
Bureaucracy
A shortfall of money due to interest rates?
Because Justin Trudeau and the Liberal/ NDP government are sending Canada to the poor house.
Soft landing lol what a joke please tell the truth
Numbers in us are false
Gaslighting.
Come on man dont be afraid to say it.
Dont join the other media bull
It's all going according to plan.
Don’t close your eyes Trudeau has 2 billion
Pump more in the housing market.
Canadian statistics is liberal driven, situation way more worse.
Can we trust any of these numbers?
I think we should jack up minimum wage more....that will make us more competitive and lower inflation...........oh wait.
Why is nobody saying the population btw15 and 25 soared in the past year? 7% plus versus below 3% for other age brackets.
Inflated economy the last number of years. Too bad about those peaple that owe a bunch back to the banks. They need to accept bankruptcy
Leave rates alone, and close the border, let's fix this mess.
But my wage is lowered by $600 a month
And 500-1000 other employees in just my company
And same thing is confirmed in other peer companies
Same here, I didn’t see wage increase in last 3 years
Are both your companies now suffering productivity problems because people are burning out from having to do side jobs just to survive instead of getting time to rest and recharge?
@@abcdedfg8340 Luckily the wise spending habits saved me, I must be honest, I just don’t put as much effort I used to.
Rates are going to down…Woooo
Unemployment increasing…uh oh
Economics 101
O hai from Vancouver
That was painful to follow
Sunny way
Is this hasimir fenring?
Is he nervous or just a stutterer? That was painful to watch and hard to follow. Reminds me of Justin Trudeau when he gets grilled by tough questions
Brendon buddy, are you okay? My boy got a bad stutter going on..
Thank you Liberals, Job well done.
This guy is out of touch. Ough ough ough😂
Clearly Trudeau and Freeland must create more jobs in the Canadian government.
How about creating a new ministry, maybe Job Creation Ministry? We can easily hire 5MM people
Too many umms and ahhs from this guy
Dude was having a stroke
And your perfect
Sounds like a stutter, come him some slack.
The obvious thing to do is put a maximum wage. Wage growth for who? If you raise minimum wages prices go up. Put a maximum income and stop this crap!
No jobs but properties prices are going up. PC leader Pierre Poilievre is one the main problem as he owns multiple properties and the greed causing unfordable housing. I will not vote for him unless I'm very rich as his policy will help the very rich not the average middle class or low income folks.
Be careful. Are you referring to listed or selling prices. There is a huge difference in those definitions.
Still well below historical average. Boo hoo.