LayoffBlog.com

February 6, 2009

Canada’s Employers Cut Record 129,000 Jobs in January

Filed under: Canada,FYI,unemployment — DF @ 7:48 am
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According to Bloomberg: “Canada lost a record number of jobs in January, pushing the unemployment rate to a four-year high of 7.2 percent, as companies struggle to cope with the country’s first recession since 1992.

Employers cut a net 129,000 workers, three times the loss forecast by economists, after a drop of 20,400 in December, Statistics Canada said today in Ottawa. It was the largest drop since the methodology for the survey was changed in 1976.”

January 13, 2009

Mosaic to Lay Off 1,000 People in Saskatchewan

Filed under: Canada — 7macaw @ 7:41 am
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Mosaic Co. (NYSE:MOS), confirmed yesterday it will lay off more than 1,000 workers at its potash mines in Saskatchewan[, Canada] due to slow fertilizer demand, the global credit crisis and growing potash inventories.

The layoffs, which affect about 80% of the total workforce at the two mines, will take effect March 8 at Colonsay and Feb. 15 at Esterhazy. Mosaic employs about 1,500 people in Saskatchewan, including about 250 at its potash mine at Belle Plaine, west of Regina.

Source: National Post

January 10, 2009

Canada sees big job losses.

Filed under: Canada — 7macaw @ 8:40 am
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Finance Minister Jim Flaherty warned on Friday of significant Canadian job losses in 2009 and said he was not ruling anything out as he prepares a stimulus package for a budget that he said would run a large deficit.

“We’re in for a very difficult year,” the Conservative government minister said. “We are going to have substantial job losses. We need to respond to the needs of people who will lose their jobs this year.”

Source: Reuters

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