How much more evidence does the government need before they acknowledge their immigration numbers are far too high?
Canada’s economy created 25,000 jobs last month, yet the unemployment rate rose to 5.8%.
How did this happen?
Simply put, Canada’s population is growing far more than the job market can handle.
This is why a focus on raw numbers means nothing unless we look context and proportion.
If a country of 500,000 people created 25,000 jobs in a month, it would be a truly stunning thing.
If a country of 1 billion people created 25,000 jobs in a month, it would be meaningless – a mere rounding error.
Likewise, if a country has a declining population, ongoing job gains would be meaningful. If the population of a country is rising rapidly, job gains don’t mean much.
And so, with Canada’s population surging due to high immigration levels under the Liberal government, 25,000 jobs isn’t enough to keep up.
It’s a point made in a recent BNNBloomberg article:
“The Canadian economy added 25,000 new jobs in November, but the gains were offset by Canada’s rapid population growth during the same period, according to a senior economist with Indeed.com.
“We have to remember that 25,000 isn’t what it used to be,” Brendon Bernard told BNN Bloomberg in a television interview Friday morning.
Statistics Canada released its November labour force survey Friday, which found that the country’s unemployment rate ticked up to 5.8 per cent last month from 5.7 per cent in October.
“StatCan mentions the population growth was at 78,000 for the month, so in that context, things are actually lagging, and we saw that in the uptick in the unemployment rate,” Bernard said.”
As countless opinion polls show Canadians demanding cuts to immigration, and with Canada’s housing market, social programs, and job market all unable to handle the influx, how much more evidence do the Liberals need before they finally acknowledge their immigration targets are way too high?
Spencer Fernando
