Not exact matches
Under the Canada Economic Action Plan the deficit will be eliminated by 2015 - 16; although total net
public debt will have increased by $ 150 billion, the debt ratio will have declined to 33.0 per cent in 2015 - 16 and reach the government's target of 25 percent by 2019 - 20; program spending will fall to below 13 percent of GDP and will
continue to fall thereafter;
public sector jobs have been eliminated; and income and corporate taxes have been cut.
Continuing a push for the payment of higher wages for
public -
sector jobs, Cuomo announced a plan to raise the minimum wage for state university workers to $ 15.
But Chris Williamson, chief economist at financial information company Markit, expressed pessimism on the country's employment prospects, saying: «The unemployment rate is likely to
continue to rise in coming months as
job losses in the
public sector are accompanied by lower payroll numbers in private
sector services and construction.
Outside those areas, graduates looking for work may not find a great deal, particularly if
public sector employment
continues to fall, and particularly if they are restricted in the kinds of
jobs they can look for.
Oshawa's
public service
sector continues to generate
jobs even though there has been a decline in the auto manufacturing
sector,» said Senagama.