Just a short post on an article I read...
First, reminder....In Halifax last year we were hit by the biggest storm to ever hit Canada, this is the first summer since then...the Cyclone from last year.
Power lines are still falling down!
I don't know, maybe they didn't fall down yet, many places are still rampant with service outages...again they are saying static on the power lines causing high end device and communication device outage.
What that means is many people here only have partial service at home for many household routines etc., and work is slowing down fast as well as new home purchasing.
In an new article I read it said that the trend of desperate employers trying to hire new staff is over.
I was also affected by this.
After University the Technology Industry didn't have the money and work for my degree and I had to start over doing a digital page for a future retail store / promotion.
The other jobs were lower jobs like Call Center jobs for higher pay for basic education.
These jobs are vanishing.
My complaint back then about those jobs was in the future, that's today, the staff would not have long term income to afford loans and home ownership.
Now no one is hiring and it's lower wage jobs, those people won't be able to afford new loans or pay on mortgages etc., as the new jobs are harder to get, don't pay as much and not computer / office oriented.
Combine that with the cyclone in Atlantic Canada and it's a pretty bad work outage looming here...
With tourism still massive even during the outage.
Bigger city areas like in Ontario and New York etc., may still have these jobs but new market studies and press releases have stated that there is no longer a "mad rush" on hiring because the technology section just wasn't there.
Now it's back to regular work and lower wages, so expect that to hit bigger cities outside of Atlantic Canada in the near future.
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