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Canada adds a surprise 14,000 jobs in May

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Canada adds a surprise 14,000 jobs in May


Business | 206879 hits | Jun 10 7:22 am | Posted by: andyt
33 Comment

Canada's economy added 14,000 jobs in May, a better-than-expected number that pushed the unemployment rate down two points to 6.9 per cent.

Comments

  1. by avatar andyt
    Fri Jun 10, 2016 3:31 pm
    I guess we're lagging behind the US, because their employment numbers for May were dismal.

  2. by avatar DrCaleb
    Fri Jun 10, 2016 3:46 pm
    "andyt" said
    I guess we're lagging behind the US, because their employment numbers for May were dismal.


    Well, we did have an entire city of 90,000 who were on 'vacation', so I guess we can excuse the drop in productivity.

  3. by avatar andyt
    Fri Jun 10, 2016 3:49 pm
    "DrCaleb" said
    I guess we're lagging behind the US, because their employment numbers for May were dismal.


    Well, we did have an entire city of 90,000 who were on 'vacation', so I guess we can excuse the drop in productivity.

    Or are you being purposely obtuse again?

  4. by Lemmy
    Fri Jun 10, 2016 3:49 pm
    Odd. May is usually bad, statistically, because of the horde of college and university students, looking for summer work, and recent graduates entering the labour market.

  5. by avatar BartSimpson  Gold Member
    Fri Jun 10, 2016 3:51 pm
    "andyt" said
    I guess we're lagging behind the US, because their employment numbers for May were dismal.


    Well, we did have an entire city of 90,000 who were on 'vacation', so I guess we can excuse the drop in productivity.

    Or are you being purposely obtuse again?

    Fort McMurray was evacuated due to the fire.

  6. by avatar andyt
    Fri Jun 10, 2016 3:52 pm
    "BartSimpson" said


    Well, we did have an entire city of 90,000 who were on 'vacation', so I guess we can excuse the drop in productivity.


    Or are you being purposely obtuse again?

    For McMurray was evacuated due to the fire.


  7. by avatar andyt
    Fri Jun 10, 2016 3:53 pm
    "Lemmy" said
    Odd. May is usually bad, statistically, because of the horde of college and university students, looking for summer work, and recent graduates entering the labour market.


    The gains were on Ontario and Quebec. Exports to the US have been increasing. Maybe they still are, even as their economy seems to be headed down again.

  8. by avatar BeaverFever
    Fri Jun 10, 2016 3:59 pm
    Wait, how is this good economic news possible? I thought that the Liberal government in Ottawa was going to kill jobs and drive the national economy into the ground. I'm so confused.

    And Liberal Ontario is also leading the country in job growth? How is this possible when the right has claimed that Wyne has turned Ontario into a third-world country and all of her progressive reforms would scare away employers? And now GM is bringing another 1,000 new jobs to Ontario to research and develop driverless cars? I'm so confused.

    Also in the last election, the Conservatives campaigned on firing 100,000 government employees as the only way to prevent imminent economic collapse. Then when they were criticised for it, they said Wynne was secretly planning to do the same thing just not being honest about it. I guess that's not the case? I'm so confused!
    Maybe these were secret unreported layoffs to go with all of the secret unreported crime that the Conservatives are so alert to.

  9. by avatar andyt
    Fri Jun 10, 2016 4:05 pm
    Don't crow too loudly. Indications are our tough times might be coming. Things are not looking good for the US, and you know what that means. There are signs the Vancouver housing market is slowing. If that turns into a crash, look out. No sign that oil will recover to where it becomes profitable on a large scale any time soon, if at all.

    I think we have to go with the mantra that govts don't have that much control over the economy, whether times are good or bad.

  10. by avatar DrCaleb
    Fri Jun 10, 2016 4:40 pm
    "andyt" said


    Or are you being purposely obtuse again?


    For McMurray was evacuated due to the fire.



    It was all over the news. I'm surprised you missed it.

  11. by avatar andyt
    Fri Jun 10, 2016 4:50 pm
    Oh, here he goes, mister obtuse. Or mister Alberta is the whole universe, not sure which. This article is about the surprisingly high job gains in Canada in May, because of what's happening back East. So even tho there was an entire city in Alberta on "vacation", guess what, Alberta is not Canada and Canada as a whole did surprisingly well, despite the downturn in hiring in the US. Doubt we'll continue to do well unless the US picks up.

  12. by avatar BeaverFever
    Fri Jun 10, 2016 5:06 pm

    I think we have to go with the mantra that govts don't have that much control over the economy, whether times are good or bad.


    I agree, I'm just rubbing it in the the Liberal Derangement syndrome types on here who scream on a daily basis that the end is nigh because we have Liberals in Queen's Park and Ottawa.

  13. by avatar andyt
    Fri Jun 10, 2016 5:07 pm
    I know. It's just that it can come back to bite you, is all. But if you want, you can go over to the GM hires 1000 engineers and mock about how Ontario is driving business away as well.

  14. by avatar DrCaleb
    Fri Jun 10, 2016 5:12 pm
    "andyt" said
    Oh, here he goes, mister obtuse. Or mister Alberta is the whole universe, not sure which. This article is about the surprisingly high job gains in Canada in May, because of what's happening back East. So even tho there was an entire city in Alberta on "vacation", guess what, Alberta is not Canada and Canada as a whole did surprisingly well, despite the downturn in hiring in the US. Doubt we'll continue to do well unless the US picks up.


    Alberta lost more than 24,000 jobs during the month.

    "While StatsCan doesn't explicitly chalk it up to the impact of the wildfire (they in fact claim to have substituted respondents from surrounding areas into the sample), one has to figure that it caused a significant chunk of these reported job losses in May," BMO economist Robert Kavcic said of the numbers.


    You read that part of the article, right?

    Now who is being obtuse?



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