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Young Canadians should get used to precarious employment: Finance Minister

October 24, 2016

Finance Minister Bill Morneau says Canadians should get used to so-called “job churn” — short-term employment and a number of career changes in a person’s life.

Morneau made the comment on Saturday at a meeting of the federal Liberal Party’s Ontario wing, days before he’s scheduled to deliver a fall economic update.

The remark also comes just three days after the Bank of Canada delivered bad news for the economy, downgrading the country’s growth outlook yet again.

And when asked about precarious employment the finance minister told delegates that high employee turnover and short-term contract work will continue in young people’s lives, and the government has to focus on preparing for it.

“We also need to think about, ‘How do we train and retrain people as they move from job to job to job?’ Because it’s going to happen. We have to accept that,” Morneau said during a question-and-answer session.

Elsewhere in his presentation, Morneau noted that some people will see their jobs disappear in the years to come — truck drivers and receptionists, for instance.

Morneau said the government has to look at helping out with the “things underneath” disappearing or precarious work.

Source: https://www.google.com/url?hl=en&q=http://www.waterloochronicle.ca/news-story/6925075-young-canadians-should-get-used-to-precarious-employment-finance-minister&source=gmail&ust=1477420787900000&usg=AFQjCNHJFHrKhKEZfW7Wm2uR9SFvatip4w

Filed Under: Government Tagged With: Bank of Canada, Canada Pension Plan, finance minister, Liberals' Canada Childcare Benefit, young Canadians

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