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Old 08-25-2009, 08:22 AM   #8
Cowboy89
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Quote:
Originally Posted by Jedi Ninja View Post
The unemployment rate in Alberta has already almost doubled since last year, standing now at 7.2%. Still better than Ontario's 9.3%, but if the government proceeds with large scale cuts, we will very quickly be neck-in-neck with Ontario or worse.
Not only that, if you layoff a bunch of people and give them packages and then have to rehire/retrain the positions 1-2 years later the net result could be even higher spending than avoiding massive cuts.
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