percent, the more potential growth we are coming down. the problems get structurally embedded. look at long-term unemployed and youth unemployment. mr. taylor, the economy has changed since the recession. many workers don t possess the necessary skills to meet the available job openings. are we looking at permanently higher unemployment for some time to come? i don t think we are. the problem with the unemployment rate remaining high with job growth hardly keeping up with the population could change. it depends very much on policy. to me, it is not so much second gear although i like the analogy. it is more this big heavyweight on the back of the car that is slowing the economy down. i think a lot of it is the policy. you could look back at previous expansions. deep recession in the early 80 s, growth was five percent per year. it has been 2.2% in this recovery. it is dramatic. i think you could learn from history about what to do. you don t think we are going to remain
This week, the municipality rolled out the mat and announced a number of other annual initiatives that locals have come to expect in Cobourg’s summer season.
Mayor Lucas Cleveland says the decision to not staff Victoria Beach with lifeguard services again this summer will save the town between $140,000 to $150,000.
Flags across the Town of Cobourg will be lowered to half-staff in honour of the passing of former Chief Administrative Officer and long time town employee Steven Robinson, the municipality announced Monday afternoon.
Flags across the Town of Cobourg will be lowered to half-staff in honour of the passing of former Chief Administrative Officer and long time town employee Steven Robinson, the municipality announced Monday afternoon.