Jim Stanford
Jim Stanford is Economist and Director of the Centre for Future Work, based in Vancouver, Canada. Jim is one of Canada’s best-known economic commentators. He served for over 20 years as Economist and Director of Policy with Unifor, Canada’s largest private-sector trade union.
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Don’t Make Workers Pay for Inflation they Didn’t Cause
The gap between inflation and wage growth for Canadian workers is exacting a punishing toll on real living standards. In the last 12 months alone, consumer prices increased more than twice as fast as wages. The gap between the two translates into a substantial reduction in real living standards for workers. In this commentary (which originally appeared in the Toronto Star), Centre for Future Work Director Jim Stanford provides evidence that the current surge in inflation cannot possibly be attributed to labour costs. Business profits have widened as inflation picked up steam. Lifting wages (for both private and public sector workers) to protect against the effects of inflation does not…
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Decarbonized Electrification Would Generate Significant Job Gains
A new report from the David Suzuki Foundation takes a deep dive into the employment gains that could be achieved through the rapid electrification of Canada’s economy, driven by the expansion of sustainable power generation and infrastructure. The new report, “Shifting Power: Zero-Emissions Electricity Across Canada by 2035”, estimates that 75,000 net new jobs would be created by the expansion of clean electricity generation and use over a 15-year period. This would contribute substantially to the attainment of Canada’s net-zero objectives, as well as to strengthening employment outcomes for Canadian workers as the economy shifts toward sustainable energy sources. Centre for Future Work Director Jim Stanford provided a supplementary analysis…
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Canadian Workers Need More Technology, Not Less
There is little evidence that robots and other advanced technologies are displacing workers and causing technological unemployment in Canada. To the contrary, Canada’s adoption of new technology has surprisingly slowed down in recent years. That is the conclusion of a major new report on innovation and automation in Canada’s economy, from the Centre for Future Work. The report, titled Where are the Robots?, reviews nine empirical indicators of Canadian innovation, technology adoption, and robotization. They paint a worrisome picture that Canadian businesses have dramatically reduced their innovation effort since the turn of the century, and are lagging well behind other industrial countries in putting new technology to work in the…
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Facilitating Workers’ Choice to Get Together
It’s no surprise that more workers seek the bargaining power and protection that comes with a union: to try to make sure their wages keep up with inflation, they are safe from COVID at work, and more. But often it takes an epic battle, like something out of a Hollywood movie, to achieve that goal. That’s because of multiple barriers erected in the path of unionization, by employers who want to preserve their unilateral control in the workplace. In this commentary, originally published in the Toronto Star, Centre for Future Work Director Jim Stanford discusses why unionization is so difficult, and what policies would facilitate fairer and more democratic certification…
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Inflation: Causes, Consequences, and Cures
The surge in inflation in recent months has generated great concern and debate in Canada. This inflation is clearly the result of unique and often external factors related to the COVID pandemic and subsequent recovery: including disruptions in global supply chains (such as the chaos in superconductor markets), energy shocks (made worse by the war in Ukraine), and shifts in consumer demand away from services and towards goods products (due to restrictions on many service activities during the pandemic). Despite the unique nature of this inflation, anti-inflation hawks are now dusting off their old policy recipes to restrain domestic demand and employment, and wrestle inflation back to the ground. The…
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Wages Gain Steam, But Not Enough to Keep Up With Inflation
The latest employment data from Statistics Canada confirm that Canada’s post-COVID recovery remains strong. The unemployment rate in March fell to 5.3%, the lowest since Statistics Canada began its monthly labour force survey in 1976. Another positive sign was an uptick in the growth of average wages. Hourly wages grew by 3.4% in the year ending in March, and weekly wages grew by 3.9% in the same period (weekly wages grew faster than hourly wages thanks to increases in full-time work and average hours of work). That represents a modest acceleration in wage growth from recent months. However, the pace of wage growth has really just returned to normal pre-pandemic…
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What’s a Union Good For, Anyway?
Centre for Future Work Director Jim Stanford recently joined Colin Ellis from TVO for a podcast conversation on unions: What are they? Why are they useful? And why, in the wake of the COVID pandemic, are we seeing an upsurge in union organizing efforts in Canada and other countries? Their conversation is a great primer on why most workers have little bargaining power if engage with their employer one-on-one. There’s an inherent asymmetry in the employment relationship: most workers need their job, more than their employer needs them on an individual basis. But employers do need their workforce in aggregate, to operate their business – and that’s why collective representation…
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Getting Real About Recruitment and Retention in a “Labour Shortage”
Employers complain they can’t find and keep the right people to run their businesses, in this era of supposed labour “shortage”. Have they tried treating them better … starting with paying more? Not always. Sometimes the simplest answers are the last ones considered. While employers wax eloquent about trying to build a better “culture” in their workplaces, and tap into workers’ desire to “do good” in the world, they shouldn’t forget the imperative that workers have to pay their bills, put a roof over their heads, and (hopefully) prepare for retirement. Improving pay and benefits are the first things employers should do, if they are genuine about addressing their recruitment…
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Don’t be Fooled by Ontario’s ‘Minimum Wage’ for Gig Workers
Just months before a provincial election, the Ontario government has announced a plan to guarantee a ‘minimum wage’ of $15/hour for gig workers. It sounds good, but there are some big devils lurking in the details. In practice, the plan will have absolutely zero impact on the incomes of gig workers. Anyone who accepts that this ‘minimum wage’ will lift gig workers’ incomes does not understand how the gig business model works. The biggest problem is that the so-called minimum wage will only apply for time gig workers spend engaged on an assignment: driving a passenger, delivering a meal, or performing some other assigned task. But gig workers regularly spend…
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Federal Government Should Pay CERB-Like Benefits to Workers Affected by Ottawa Protest
The federal government should extend emergency income supports to workers who were prevented from working as a result of the 3-week occupation of downtown Ottawa by “freedom convoy” protestors, the Centre for Future Work’s Director Jim Stanford has urged. He called on the federal government to offer benefits similar to the Canada Emergency Response Benefit (CERB) to workers who lost significant hours of work and pay because of the occupation. “CERB and its successor benefits were designed to support Canadians who could not work because of lockdowns and other public health measures intended to fight the pandemic,” Stanford reasoned. “This was definitely a lockdown, although not one implemented by the…