Welcome!

News Feed Item

New research reveals devastating impacts of Hudak's 100,000 province-wide job cuts in London

TORONTO, ONTARIO -- (Marketwired) -- 05/22/14 -- New research shows that Hudak's proposed cuts of 100,000 public sector jobs would have devastating effects across the province and lead to skyrocketing unemployment rates for many communities.

Recent plant closures at Kellogg's and Caterpillar and a struggling manufacturing sector have left London reeling. The job cuts and losses that would result from Hudak's wreckless policies would further devastate a community that is already in crisis. In London, the job cuts will lead to an estimated 7,116 job losses. This would drive unemployment up by 2.7 percent to 10.7 percent, based on the latest employment figures.

"This research points to the danger of Hudak's brash schemes. Especially in smaller- and medium-sized communities outside Toronto, economies and peoples' futures will be seriously threatened; it will take years to recover," warned OFL President Sid Ryan.

"Hudak's plan will devastate families and communities that are already struggling," said CUPE Ontario President Fred Hahn. "They'll mean more hospital bed closures and fewer supports in schools for children. They will mean longer wait lists for vital public services such as child care, developmental services and long-term care beds. We need more jobs and public services, not Hudak's cuts."

This research also accounts for the impacts that public sector job losses would have on employment in the private sector. "Local businesses and downtowns will be the first to feel the pain. People without paychecks necessarily watch their pennies carefully, and it is a given that when these workers lose their jobs, they will not be contributing to the local economy as they once did," said Ryan.

The research was conducted by CUPE Senior Economist Toby Sanger. The job loss and unemployment numbers were calculated using the most recent detailed data on employment by industry and occupation for Ontario communities from the National Household Survey and the Labour Force Survey, excluding sectors that would not be affected. It also takes into account the spinoff job losses that would be experienced in the private sector using a standard economic jobs multiplier of 0.67.

The summary below documents the estimated impacts of Hudak's proposed 100,000 public service job cuts in towns and cities across Ontario:


----------------------------------------------------------------------------
                                                          Resulting
Town or City                                              Unemployment based
(Census             Estimated Job      Change in          on April 2014
 Metropolitan Area) losses             Unemployment       rates
----------------------------------------------------------------------------
Peterborough        2,057              3.2%               14.8%
----------------------------------------------------------------------------
St Catherines
 -Niagara           5,301              2.5%               10.7%
----------------------------------------------------------------------------
Windsor             3,964              2.4%               10.8%
----------------------------------------------------------------------------
Thunder Bay         2,460              3.8%               9.6%
----------------------------------------------------------------------------
Ottawa              11,159             1.9%               8.8%
----------------------------------------------------------------------------
Kingston            3,333              3.8%               10.2%
----------------------------------------------------------------------------
Oshawa              6,134              2.9%               9.9%
----------------------------------------------------------------------------
Toronto             62,892             1.8%               9.6%
----------------------------------------------------------------------------
Hamilton            10,555             2.6%               9.0%
----------------------------------------------------------------------------
Kitchener -
 Cambridge -
 Waterloo           6,142              2.0%               8.8%
----------------------------------------------------------------------------
Guelph              2,480              3.2%               10.4%
----------------------------------------------------------------------------
London              7,116              2.7%               10.7%
----------------------------------------------------------------------------
Barrie              2,547              2.2%               9.4%
----------------------------------------------------------------------------
Greater Sudbury     2,785              3.2%               9.4%
----------------------------------------------------------------------------

www.ofl.ca

www.twitter.com/oflabour

www.Facebook.com/OFLabour

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
"Peak 10 is a national cloud data center solutions managed services provider, and part of that is disaster recovery. We see a growing trend in the industry where companies are coming to us looking for assistance in their DR strategy," stated Andrew Cole, Director of Solutions Engineering at Peak 10, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership abi...
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to transi...
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).