- Aug 6, 2012
- 27,990
- 24,795
- 2,405
So, Canada loses 43k jobs in a month, but they present it as an improvement in unemployment because "fewer people are looking for work".
Errrr, first, how do they determine this? Second, how are they surviving then? On the streets, homeless?
No wonder our allies don't trust us (and Canadians have lost faith in our institutions).
edmontonsun.com
OTTAWA — The Canadian economy lost 43,000 jobs in June, marking the first decline in employment since January.
At the same time, the unemployment rate fell to another record low of 4.9%, according to Statistics Canada’s latest labour force survey Friday.
The unemployment rate in May was 5.1%, the lowest rate since at least 1976 which is as far back as comparable data goes.
The agency attributed the decline in the unemployment rate to fewer people looking for work, while the loss in jobs was driven by a decline in self-employment by 59,000 jobs.
Employment in the public and private sectors held steady.
Errrr, first, how do they determine this? Second, how are they surviving then? On the streets, homeless?
No wonder our allies don't trust us (and Canadians have lost faith in our institutions).
Economy lost 43,000 jobs in June, unemployment rate falls to 4.9%
OTTAWA — The Canadian economy lost 43,000 jobs in June, marking the first decline in employment since January.
edmontonsun.com
OTTAWA — The Canadian economy lost 43,000 jobs in June, marking the first decline in employment since January.
At the same time, the unemployment rate fell to another record low of 4.9%, according to Statistics Canada’s latest labour force survey Friday.
The unemployment rate in May was 5.1%, the lowest rate since at least 1976 which is as far back as comparable data goes.
The agency attributed the decline in the unemployment rate to fewer people looking for work, while the loss in jobs was driven by a decline in self-employment by 59,000 jobs.
Employment in the public and private sectors held steady.
