Unemployment in Canada Essay Example | Topics and Well Written Essays - 2250 words

Unemployment in Canada - Essay manakinThe Interwar period is being understood in the Western culture to be the period between the annul of the World War I and the beginning of the World War II in Europe, specifically it was from 11 November 1918 to 1 September 1939. Since it was the most serious crisis in the Canadas history, thus this paper will examine the reasons which causa such horrible outcome, criticize the present situation and have a better understanding in unemployment for prevention.After the elaboration of the unemployment issue, superstar could say that such horrible events shouldnt happen in the future as oneness learns from previous evidence.During the interwar period, highest unemployment rate in Canada reached roughly around twenty-five percent. Yet, that is non suggesting one to ignore the issues only when rather focus on the better understanding of the past thus encourages others to raise more mathematical solutions to improve our society. Perhaps the Inter war period unemployment could not be treated as current events due to the unforeseen crisis still such unexpected crisis is seldom happening. Hence, prevention and preparation of possible crisis is often necessary.During the first age of World War I unemployment was high during 1914-1915 wherein more Canadians enlisted in the army to avoid the bleak do of families suffering through hardships of lack of employment but, by 1916 the booming wartime industrial and agricultural economies combined to fork out Canadians with other options and employers competed with recruiting officers for Canadas available manpower.The returning soldiers not only came back to few jobs in 1918, but, also returned to Canada with them a new disease which killed as legion(predicate) people as it did during the war. As Canada moved from wartime to peacetime and soldiers vying for jobs, another crisis emerged which was termed one Big Union that was formed in 1919. This concept was that all workers should be organized inside one large union entity.This focus on union organization was the Winnipeg General Strike of 1919 wherein striking workers, many another(prenominal) of them returning soldiers that would find very few opportunities but yet many companies would experience surging gelt from wartime contracts.This lack of employment effectuate in the aftermath of World War I would find many of the returning soldiers and the public in general in an imbalance of power in favour of the elect and wealthy individuals who would profit greatly from the war effort, but, would find themselves in the middle of a power seek between truth and fiction. As society fought for their rights of fair employment standards, the period that would be considered by many as the fall of the powerful few of their day, would find the country suffering even more hardships as they entered the Great Depression.Great Depression among North AmericaPerhaps the hardest hit deliverance in westerly culture was C anadas. The Canadian economy would find that they were not only the hardest hit, but, also the slowest to recover which did not occur until the beginning of the Second World War.Unlike the United States, the boom period between 1900 and 1929 found Canada as the worlds fastest growing economy with only a brief and sharp recession occurring at the end of World War I. The economy would also find an increase occurring in housing starts until May, 1929. through the scatter of commodity prices in the United States in October, 1929 and the massive stock crash of Black Tuesday and as both the United States and Canada share economic links through gold standards, the collapse of the United States economy affected Canada as well. The prairie provinces were not the only affected areas of Canada, as both Ontario and Quebec would now face immense problems in the manufacturing district as massive lay-offs would occur and over production by industrial companies would collapse into bankruptcy. Alth ough this collapse