Pessimism up as jobs vanish

TORONTO — More Canadians are facing the unemployment line as the recession deepens and companies around the country, from fashion designers to forestry outfits, respond by slashing their workforces.

TORONTO — More Canadians are facing the unemployment line as the recession deepens and companies around the country, from fashion designers to forestry outfits, respond by slashing their workforces.

That’s leaving the employment market flooded with people who are scrambling to compete for limited new jobs while facing the prospects of re-entering the workforce when the economy is shrinking and competition is fierce.

Statistics Canada reported Thursday that Canadians are losing their jobs at a rate that hasn’t been seen since the early 1980s.

However, Tim McGonigle, a unemployed forestry worker from Lake Cowichan on Vancouver Island, thinks the current recession is worse.

“It’s similar to the 80’s, but during that recession you knew there was an end in sight,” he said. “There was a dim light at the end of the tunnel, but I don’t see that tunnel ending.”

McGonigle worked in the forestry industry for 31 years.

He said the dismal state of the economy has forced him reconsider his options, which include going back to school to upgrade his skills

“I’ve realized that four months with no end in sight is probably a good time to look for alternatives,” he said.

Just Posted

Two women rescue abandoned tarantula in Airdrie

The tarantula has a new home and Facebook followers

Expert panel to review supervised consumption sites in Alberta including Red Deer

Eight experts will hear from Albertans on the social and economic impacts… Continue reading

Environment groups warned saying climate change is real could be seen as partisan

OTTAWA — A pre-election chill has descended over some environment charities after… Continue reading

Scheer repeats call on RCMP to investigate Trudeau’s actions in SNC affair

OTTAWA — Conservative Leader Andrew Scheer says the federal ethics commissioner’s stinging… Continue reading

Vikings Days a celebration of Danish immigration, culture

The Danish Canadian Museum near Dickson held its annual Viking Days celebration… Continue reading

WATCH: ‘Lots to see and do’ at Pioneer Days in Red Deer

Sunnybrook Farm Museum is celebrating its 24th annual Pioneer Days this weekend.… Continue reading

Your community calendar

Thursday The Red Deer and District Garden Club hosts its annual Flower… Continue reading

34% of economists in survey expect a US recession in 2021

WASHINGTON — A number of U.S. business economists appear sufficiently concerned about… Continue reading

Ontario cannabis retailer returns $2.9M in CannTrust products to company

VAUGHAN, Ont. — CannTrust Holdings Inc. says the Ontario government’s cannabis retailer… Continue reading

Pipeline rupture sends 40,000 litres of oil into Alberta creek

DRAYTON VALLEY, Alta. — The Alberta Energy Regulator says a pipeline has… Continue reading

Chrystia Freeland condemns violence in Hong Kong, backs right to peaceful assembly

OTTAWA — Foreign Affairs Minister Chrystia Freeland has condemned violence in Hong… Continue reading

Turtles, butterflies and foxes: Captive breeding for endangered species growing

LANGLEY, B.C. — The turtle in my hand dangles its churning feet… Continue reading

Saskatoon Cubs win Westerns with wild extra-innings comeback

The Saskatoon Cubs showed no quit in the finals of the 18UAAA… Continue reading

Canada ‘disappointed’ terror suspect’s British citizenship revoked

OTTAWA — The United Kingdom is shirking its share of the international… Continue reading

Most Read