According to Statistics Canada the national unemployment rate rose above 8% to 8.1%. It's a small increase but it says a lot about the current state of the Canadian economy.
As Canada's economy cools amid fears of a double dip recession in the United States there is speculation that the stubbornly high unemployment rate will be with us for some time.
What relief is there for the unemployed when they can expect another 250,000 immigrants to be injected into the labour pool this year added with some 200,000 temporary foreign workers? Where is the compassion for them?
Official unemployment figures are typically lower than actuality since those who have given up looking for work are not counted. Nor does it reflect the character of the labour market. It does not distinguish between a job for a day and a job for life with benefits. Someone who works once a week is considered employed.
Instead we are told that we need these immigrants to "prepare for the recovery" which will be when exactly is anyone's guess. This excuse to maintain a mass immigration regime in the face of cooling, even downward, economy is disingenuous. When the Canadian economy was booming we were told we need mass immigration to fill job vacancies particularly ones Canadians will not do. So it seems that when the economy is up we need more immigrants. And when the economy is down we need more immigrants? I'm confused. How unhealthy does the economy have to be before we seriously consider reducing immigration targets? How many Canadians have to be out of work?
Another consideration is this: why are we importing workers from economies that are booming? India and China are outperforming the rest of the world in GDP growth. Why are we bringing in immigrants from those countries? They have an unfair advantage with Canadians in that they can always return if things go sour in Canada. Canadians do not have that option. Indian and Chinese immigrants can effectively try their luck in two labour markets whereas Canadians only have the one. This is unfair.
A moratorium is not a bad idea. This way we can get the unemployed back to work before looking overseas. Right now its "let them eat cake".