Welcome!

News Feed Item

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

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.

In Toronto, Hudak's wreckless job cuts are estimated to lead to a whopping 62,892 job losses. Based on the latest employment figures, this would drive unemployment up by 1.8 percent and leave Torontonians burdened with a 9.6 percent unemployment rate.

"This research points to the danger of Hudak's brash schemes. Peoples' futures will be seriously harmed and it will take years to recover," warned OFL President Sid Ryan. "It is a foolhardy unemployment plan that demonstrates how little Hudak understands or cares about real people and their aspirations."

"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
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss 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). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
SYS-CON Events announced today the Docker Meets Kubernetes – Intro into the Kubernetes World, being held June 9, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Register for 'Docker Meets Kubernetes Workshop' Here! This workshop led by Sebastian Scheele, co-founder of Loodse, introduces participants to Kubernetes (container orchestration). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, participants learn ...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...