Lang and O’Leary Exchange

1. Lang and O’Leary Exchange • 1. Canada Post

2. The Mail System • I don’t want to pay for “crap” I don’t want or use. (O’Leary). • Does Kevin have a point? Should the government be subsidizing things that not everyone uses or uses to the same extent? • hospitals • schools • Roads • Tuition • Rinks and Ice Time

3. Presentation Time! • Each group will be given a topic. Each group will be split into a “for” and “against” section. • Your group will present both arguments in presentation form. Be sure to engage the class to try and get their support for your side. • Vote at the end of each presentation. Who is the winner?

4. Insurance? What is it? • Is it fair that you pay into a system and never get any benefit from it? • Do you think different income levels should receive different insurance amounts? • Should someone who makes $1 million a year receive employment insurance?

5. Chapter 14 - Employment

6. Types of Unemployment • Frictional Unemployment • Short-term unemployment of those workers who are in between jobs or people who are entering or re-entering the workforce. E.g. students, parents, people who have left work to try and find higher paying jobs • Seasonal Unemployment • Climatic changes that leave workers unemployed for specific periods of the year. E.g. fishing (east), farming, tourism (west)

7. Structural Unemployment • Result of structural changes in the economy. As the economy evolves, some industries grow while others decline or disappear. E.g. depletion of natural resources causes miners to lose their jobs. People are having less children, therefore, there is a decreased need for teachers. • Technological Unemployment - workers losing their jobs due to technology.

8. Cyclical Unemployment • Caused by reduced employment opportunities during periods of economic decline. Spending decreases and demand decreases. Demand decreases means less need for supply. Decreased supply means unemployment.

9. Guess the Unemployment • Pg 315 questions 2 a-f

10. Costs of Unemployment • Individual – stress, financial hardship, discouragement, and low self-esteem for jobless workers and their families. • Can lead to social unrest and produce negative attitudes toward the government in power and toward immigration policy. • Some unemployed Canadians believe that immigrants are taking jobs.

11. Canadian Unemployment Patterns • Average rate in 1966 – 4% • Average rate in 1990 – 10% • Reasons • Globalization has led to increased replacement unemployment as manufacturing jobs migrate towards countries with cheaper labour costs. • High E.I. acts as a disincentive • Increase in technology

12. Collective Bargaining • What is it? • What are things that are important to employees? • What are things that are important to businesses?

13. Simulation – four groups and four 15 minute rounds. I will be timing these rounds. Every time the timer goes off the round will end. • McBurgers (fast food) • Business Owners – Joshua and Tracy • Employees – Vasily and Bethany • GAB (trendy clothing) • Business Owners – Precious and Chuka • Employees – Jorge and Regine • Shell Out (gas bar) • Business Owners – Henry and Alex • Employees – Sissi and Gwen • Mall Mart (large department store) • Business Owners –Maksym, Ming, • Employees – Fei, Josh, and Tina

14. Round 3 • Workers, you need to decide on your top 3 priorities. What can you not live without? • Employers – what are three things that you cannot do without that you cannot give your employees. • This round you must present reasonable requests that might actually be made

15. Come to a mutual decision or MEDIATION will occur

16. The Rules • Companies – You have a finite number of resources at your disposal. You also want to make money, you are a business after all. You also need to make sure your employees are happy to ensure they do not go on strike. • Employees – you have your list of demands but remember you must be reasonable as you do not want the company to have a lock out.