Mr. Speaker, the motion the NDP has brought forward today refers, in its introduction, to a document by the Canadian Imperial Bank of Commerce, which is hardly a validator, usually, for the official opposition. It refers to something called the employment quality index, which measures the distribution of part-time versus full-time jobs, self-employment versus paid employment, and compensation.
In that context, the deputy chief economist, Benjamin Tal, said the following:
The number of low-paying full-time jobs has risen faster than the number of mid-paying jobs, which in turn has risen faster than the number of high-paying jobs. Over the year..., the job creation gap between low and high-paying jobs has widened with the number of low-paying full-time paid positions rising twice as fast as the number of high-paying jobs.
I would ask the member to comment on whether the unemployment rate, which for youth is already almost 13%, at 12.8%, where people with engineering degrees are working at Starbucks, is not, it seems, confirmed by the CIBC. Could he comment on that situation?