Jobless rate at 7.3%, highest in 3 years, as Canada sheds 2,300 jobs

Thanks, Justin.

It's not governments job to create jobs, though Canadians seem to believe this is the case. In fact, if the government and certain security apparatuses kept out of the free market, capitalism would reign and job prospects would improve.

The economy is going to be more globalized, Canada is not prepared.

Can't believe I'm defending a Lib, but it's not his fault. However, what will be his fault is if he makes it worse.

He's Just Not Ready, Nice Hair Though.

Since your pic can't even get the number right, just how much validity does it have. Or is that extra .2% just rightwing bias allowance.

Since your pic can't even get the number right, just how much validity does it have. Or is that extra .2% just rightwing bias allowance.

More likely there's just disagreement within the government over how they parse these figures. Happens in California all the time where an agency will say one figure and the Legislative Analyst's Office will say another.

The media and anyone sensible usually go with the LAO in such disputes.

Why is the carbon tax the prioroty ?

Cuz the unemployment rate isn't high enough yet.


This is only the beginning.

Everyone here uses the Stats Can figure for official unemployment rate. So no.

http://www.statcan.gc.ca/daily-quotidie ... 1a-eng.htm

You are right.

1. 7.3% isn't too bad. Not great but nothing to panic about.

2.

Not even that. It's not up 7.3% (or 7.5%), it's up 7.3%, which is an increase of only 0.01% x 100. So that's the number you should have on your meme, dummy, 0.01%!

3. Losing 2,300 jobs isn't much (0.0%) It's a small figure. We lost twice as many the month before. Added 23,000 in December. The five year trend remains positive. 17,142,900 jobs in Feb 2011, 18,006,300 in Feb 2016.

4. Most of the job losses are petroleum and other resource jobs. Such is the nature of a supply schedule: price falls, output falls. Output falls, fewer workers needed. 8,900 down continuing a trend that began when crude prices began to dive at the end of 2014.

5. On a year-over-year basis, employment grew by 0.7% (+118,000), with the gains mostly coming from full-time work (+82,000 or +0.6%). At the same time, the number of hours worked increased by 1.0%.

6. The decline in service jobs is a bit troubling (-20,000 in health care, though still up 61,000 or 2.7%, year-over-year; -17,000 in education which puts it down slightly over last year). The good news is that job losses here mean reduced taxpayer commitments. Other service sectors (maintenance, etc.) were down by 15,000 though still largely unchanged compared to last February.

7. Business, and construction were up 13,000 to almost the same number as last year.

8. Agricultural employment rose by 7,200 in February. On a year-over-year basis, employment in the industry was little changed. Meh, winter in Canada.

9. Manufacturing is up 41,000 jobs (2.4%) from last February, though most of that growth is in Ontario.

Since your pic can't even get the number right, just how much validity does it have. Or is that extra .2% just rightwing bias allowance.
That's all you got?




Why is the carbon tax the prioroty ?

Cuz the unemployment rate isn't high enough yet.


This is only the beginning.

Manufacturing Exports are rising, which will help things. Price of Oil is edging up to $40, which is a good sign.

No need for panic or partying.

Alberta jobless rate surpasses Quebec's! Notley offers more "green energy" cronyism


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The Usual Suspects reaction be like..

Referencing Ezra Levant automatically makes you the loser of any argument.