9.03.2012

enjoy your union-made weekend


6 comments:

Kev said...

And a glorious weekend it is Happy Labour Day

laura k said...

Happy Labour Day, Kev. :)

I'm on call today. And thanks to employment laws that unions fought for, I am paid time-and-a-half for the entire 12 hour shift, whether I am called in or not. Then if I am called, an extra straight time for the hours I work. Ka-ching.

I agreed with your recent (grim) post about precarious employment. We are all hanging by threads now. I suppose I should comment at your blog, not mine.

Kev said...

I try so hard not to be grim but alas....

johngoldfine said...

You Canadians are so retro about Labor Day! Wake up!

http://talkingpointsmemo.com/archives/2012/09/new_labor.php?ref=fpblg

laura k said...

Yes, labour itself is so retro. Who is silly enough to work these days. Or should I say to have work.

Related to John's link (which you should all check out), the head of the Bank of Canada told the Canadian Autoworkers Union that the major profit-makers are not reinvesting their profit in society, but stockpiling reserves. It's being called "dead money". Right-wing financial analysts are doing gymnastics to disprove an obvious fact.

Kev said...

Yes Laura the blowback to Carney's comments and Flaherty's follow up remarks has been intense. My personal favourite was a CEO saying not true we are investing our cash in acquisitions buying up smaller firms. Which as we all know invariably results in job losses