madmax Posted March 13, 2009 Report Posted March 13, 2009 NDP Leader Andrea Horwath says the new unemployment figures are frightening and accuses the Liberal government of sitting on its hands as more jobs disappear.Statistics Canada reports that another 82,600 jobs were lost in February, with the biggest decline in Ontario. The province shed 35,300 jobs last month, mostly in construction and finance, insurance, real estate and leasing. Finance didn't surprise me, or contruction, or real estate, but INSURANCE??? Why the heaviest Job losses in insurance? Quote
OddSox Posted March 13, 2009 Report Posted March 13, 2009 Finance didn't surprise me, or contruction, or real estate, but INSURANCE??? Why the heaviest Job losses in insurance? I suspect that a lot of insurance involves health and dental plans normally paid for by employers and employees. If enough people get laid off, then the insurance companies have a lot of idle bodies sitting around... Quote
guyser Posted March 13, 2009 Report Posted March 13, 2009 Finance didn't surprise me, or contruction, or real estate, but INSURANCE??? Why the heaviest Job losses in insurance? No idea frankly and nothing I have heard , so maybe oddsox is right. BTW, we are hiring.And moving to larger premises so not all is gloom .(helps to have recession proof business-for the most part) Quote
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