Canada's Labor Market Crisis

This chapter explores the recent decline in Canada's labor market, emphasizing a loss of 65,000 jobs and a rising unemployment rate of 7.1%. The discussion covers the implications of these trends on demand, inflation, and the complexities of immigration policies amidst high youth unemployment. The speakers highlight concerns over job availability, the frustrations surrounding the temporary foreign worker program, and the broader socio-economic issues affecting stability both locally and globally.