Monday, 17 January 2011

Assumptions Of A Mass Labour Shortfall Due To Retiring Boomers Have Been Greatly Over Exaggerated.

Read it here.

More than two-thirds of Canadians plan to keep working after they officially retire, according to a survey by Scotiabank.

In Ontario, seven-in-10 plan to work during retirement the survey found with a little under half saying they would do so because they need the money. An even higher portion said they plan to work primarily because it keeps them mentally and socially active.

If that is the case then what will become of the immigrant labour Canada has been stockpiling over the years?

My prediction is that immigrant communities and racial minority groups will pressure the government more so for discriminatory labour laws that will work in their favour even though, as a group, they will consitute the majority in places like Toronto. For the cause of "diversyfying the workplace" and "employment equity" white males have been the acceptable target of discriminatory hiring practices but expect it to be expanded to encompass whites as a group irrespective of gender or ethnicity. Everyone favours discrimination in the workplace so long as it favours them. The fact that policies such as "employment equity" (or "affirmative action" as it is called in the U.S.) exist in the first place tells us that the labour market is tight already so there is little need for many and more immigrants.

Employment equity only applies to low level positions. It is not applied to the top tiers where meritocracy (and family name and connections, nepotism, money, proper schooling, and class loyalty) trumps political correctness. Thus, employment equity is a weapon against working class Canadians where immigration is an assault on working-class incomes and multiculturalism is an assault on working-class culture. It is class warfare.

Should we then be so surprised that many drawn to neo-nazi, white-supremacist groups are disaffected working class youths who find themselves sacrificing a future and a culture for the pet-hobbies/social experiments of their upper class betters who don't equally share that sacrifice? However, their anger is misdirected. It shouldn't be at immigrants. It should be at those who brought them here and who insist on maintaing a system of which they have estranged themselves from bearing any of the costs, dumping it instead on the lower class rabble.

But I digress. More to the topic at hand, it has been explained that due to the retiring baby boomer cohort Canada needs a mass immigration regime of ever increasing intake numbers to fill those vacant positions as well as fuel job growth. It seems the possibility that many boomers may still be working post-retirement in some capacity wasn't a consideration yet we face that reality. So it seems the youth and immigrants have more to be gloomy about.

Many of the so-called "gen-x" cohort found themselves struggling to get into the job market and get their careers off the ground due to the large presence of baby-boomers already in the workforce. This also made advancement in their careers difficult. Now, as they saddle the rising generations with higher taxes to pay for their pensions and health care costs, the boomers will keep them in a state of career arrested development as they stay in the workforce longer. Since they benefited so much from being born at the right place and time perhaps they should use their influence as a voting bloc to pressure the government for reduced immigrant intake targets as a way to give younger Canadians a fighting chance and a future to look forward to.

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