Job creation is no longer the driving economic need it’s been for 50+ yrs. Demographics are again changing the game

During this 2015 federal election we'll surely be told by the politicians seeking our votes about the importance of job creation and how their party has the answers.  It might surprise you to learn that demographics tell us that job creation is actually not the big and pressing a need it has been since WW2.

From a recent article in the National Post by Stephen Gordon: "Between 1965 and 1995, the Canadian population increased by about 50%. If employment had grown in proportion to the population, there would been about 10.2 million more people working in 1995. As it happened, actual employment in 1995 was 13.3 million."

Read the entire article here Job creation is not very high on Canada’s list of problems

Disclosure: Garth Chapman is a licensed Mortgage Advisor with Jencor Mortgage Corporation in Calgary Alberta. Garth is not a Financial Planner. Roadmap should not be considered as a substitute for what a licensed Financial Planner provides. The information contained in this website should not be construed as personalized investment, financial planning, or tax advice.

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