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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Centre for Future Work Submission to Ontario Future of Work Consultation
All provinces in Canada are still grappling with the economic and employment effects of the COVID-19 pandemic and resulting recession. Ontario’s labour market was among the worst-impacted in Canada by the pandemic. And these immediate challenges are layered on top of longer-run issues related to the future of work: including technology, demographic changes, new business models, and others. In this context, the Ontario government recently launched a hastily-organized public consultation on the Future of Work, overseen by a 7-person ‘Workforce Recovery Advisory Committee’. The consultation is unusual for several reasons, including the non-representative composition of the committee itself (there are no committee members representing union, worker, or equality-seeking organisations), the…
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Is There Really a Shortage of Labour?
With restaurants and stores opening up again after the pandemic, loud complaints are emerging from employers in the hospitality and retail sectors that they can’t find enough workers. Many point the finger at government income supports which supported people through the pandemic (including the former CERB, cancelled last September, and subsequent improvements in EI benefits). Many also want the federal government to open the taps on Temporary Foreign Workers, to bring in more low-cost labour from other countries. However, the hard economic evidence does not support this complaint about a supposed ‘labour shortage.’ Yes, it is certainly an operational challenge for restaurants and stores to reconnect with former employees after…
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Our Times Feature Article on PowerShare Voice Report
The Spring 2021 edition of the Canadian labour magazine Our Times features a cover article on workers’ voice: how Canadian workers can express their concerns, and win meaningful change, in their workplaces. The article is based on the recent Centre for Future Work report, Speaking Out, Being Heard, Making Change: The Theory and Practice of Workers’ Voice in Canada, by Jim Stanford and Daniel Poon. That report was published earlier this year as part of our PowerShare project. With the kind permission of Our Times, we are reposting the feature article here. Please see the 5-page article, which is a useful resource for union educationals, train-the-trainer sessions, and other uses:…
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Media and Video Coverage of New PowerShare Report: “Bargaining Tech”
The Centre for Future Work recently released the third major paper in its PowerShare project, titled “Bargaining Tech: Strategies for Shaping Technological Change to Benefit Workers,” by Jim Stanford and Kathy Bennett. The report was launched with a special webinar, held in conjunction with the recent (online) convention of the Canadian Labour Congress (CLC). The webinar featured presentations by the authors, who were joined by two Canadian union leaders who have confronted the challenges of new technology with innovative collective bargaining strategies: Jan Simpson, National President of the Canadian Union of Postal Workers, and Bob Dhaliwal, Secretary-Treasurer of ILWU-Canada (representing longshore workers and other transportation and logistics industries). The webinar…
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Cryptocurrencies: The Most Useless Speculative Bubble Ever
The financial pages of newspapers continue to be obsessed with the violent ups and downs of Bitcoin and other cryptocurrencies. And Canadian financial regulators have recently started to crack down on some of that industry’s ‘Wild West’ marketing tactics. In this commentary, originally published in the Toronto Star, Centre for Future Work Director Jim Stanford questions whether these digital products have any useful value whatsoever – and urges policy-makers to actively discourage crypto-speculation in favour of policies promoting actual jobs and production. Good Riddance to the Cryptotraders by Jim Stanford Binance runs one of the largest cryptocurrency trading operations in the world – helping customers speculate on the wild price…
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Debt Phobia 101
Did Canada experience a “debt crisis” in the 1990s? And will we experience another one after COVID, if we don’t slash government spending fast? In this video, Jim Stanford debunks the fear-mongering about public debt propagated by those who want government downsized anytime – debt or no debt.
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Bargaining Tech: Shaping New Technologies to Improve Work, not Devalue It
The Centre for Future Work has published another major paper in its PowerShare project, dealing with the impact of new technology on the quantity and quality of work in Canada – and strategies for ensuring that new technology produces more benefits for workers. The paper is entitled Bargaining Tech: Strategies for Shaping Technological Change to Benefit Workers, co-authored by Jim Stanford and Kathy Bennett. It provides an overview of the complex, contradictory ways that technological change is affecting jobs in Canada. It also discusses how technology could be better managed and implemented to achieve better, fairer, more inclusive high-tech outcomes. The report reviews recent debates about whether new technology will…
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Video: Myth & Reality About Technology, Skills & Jobs
We are constantly told that the world of work is being turned upside down by ‘technology’: some faceless, anonymous, uncontrollable force that is somehow beyond human control. There’s no point resisting this exogenous, omnipresent force. The best thing to do is get with the program… and learn how to program! Acquiring the right skills (usually assumed to be STEM or computer skills) is the best way to protect yourself in this brave new high-tech future. But what if technology isn’t all it’s cracked up to be? And what if you invest in learning the current hot coding language, only to see it replaced by something totally different as soon as…
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The ‘Class of COVID’ Needs Support After the Pandemic
Young people have been among the hardest-hit by the economic fall-out from the COVID-19 pandemic and resulting recession. More than one in four workers under age 30 lost their jobs when the pandemic hit. And young workers now account for two-thirds of remaining job losses. Earnings for workers entering the job market at this time will be suppressed for many years to come, perhaps for their entire working careers. In this commentary, originally published in the Toronto Star, Centre for Future Work Director Jim Stanford describes the disproportionate losses experienced by young workers – and urges powerful measures to support their recovery after the pandemic. By Jim Stanford We have…
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10-Part Online Course in the “Economics of Life”
This fall, the Centre’s Director Jim Stanford is teaching a 10-part on-line course in “Economics for Everyone” through a University of Toronto-affiliated program called Later Life Learning (LLL). The course will dig under conventional economic jargon (about ‘markets’, ‘supply and demand,’ and ‘efficiency’), focusing instead on the economic issues that average people encounter in their daily life. The LLL program usually offers in-person courses at the U of T. But because of the pandemic it has moved on-line, and anyone can participate. You first have to join the LLL network (it’s free). Then you can register for this course (which costs $70 for the 10 sessions). The course is number…