A News Release from the Ontario Progressive Conservative Party
Posted May 5th, 2017 on Niagara At Large
Queen’s Park, Toronto, Ontario – This morning, Statistics Canada released the monthly Labour Force Survey which contained Ontario’s job numbers for April. PC Economic Development, Employment and Growth Critic Monte McNaughton issued comments about the numbers.
“Last month, Ontario lost 13,800 full-time jobs while adding just 12,300 part-time jobs. At the same time, the public sector continues to grow, this month adding 11,400 jobs while our vital private sector took another big hit, losing 25,500 good, well-paying jobs,” said McNaughton. “April also saw Ontario’s important manufacturing sector suffer further losses, dropping 4,100 key manufacturing jobs.”
McNaughton continued to point to Ontario’s sluggish wage growth as proof that not all is right with the provincial economy. Between 2001 and 2015 Ontario lagged the rest of Canada in wage growth by nearly 5%. A recent report by Bloomberg News cited that, “Ontario is the major source of wage sluggishness, with pay increases of 0.2 per cent year-over-year.”
“When you have such lackluster wage growth like we do here in Ontario, and combine it with the rapidly rising cost of living under the this government, including over $100 million in new fees and government surcharges hidden in the recent budget, it’s no wonder 46,800 decided to leave the workforce and in many cases give up looking for work entirely,” said McNaughton.
Pointing to the recent Liberal budget document, McNaughton highlighted that the government forecasts Ontario’s economy and job picture to weaken looking ahead. According to the government, Ontario’s economic growth is expected to fall from 2.7% to 2.3% this year and down to 1.7% in 2020. Employment growth is set to fall to 0.9% in 2020, and job creation will fall from 94,000 next year to 66,000 in 2020.
“This government has a well-documented track record of failed policies that are making it harder for Ontario families. The government’s own budget says that we are at the peak of our employment and that going forward, it’s all in decline. It’s clear that life is harder under the Liberals as people work harder, pay more and get less.”
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