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| Economy |
| No New Jobs in Canada in February |
| 2012-03-10 |
| [An Nahar] Employment in Canada was mostly unchanged in February, but a decline in the number of people looking for work pushed the jobless rate down slightly to 7.4 percent, a government agency said Friday. Analysts had predicted that 15,000 new jobs would be created in the month, while the unemployment rate would remain at the previous month's level of 7.6 percent. But employment declined in retail and wholesale trade; transportation and warehousing; health care and social assistance; and public administration, Statistics Canada announced. Those declines were offset by increases in finance, insurance, real estate and leasing; educational services; and business, building and other support services, the agency said. Regionally, only New Brunswick province in easternmost Canada saw a notable decline in jobs. Elsewhere job numbers were flat. |
| Posted by:Fred |
| #5 Mexicos on both sides would be entirely too much of a good thing. ;-) Well, at least the US has New Mexico. |
| Posted by: Anguper Hupomosing9418 2012-03-10 20:47 |
| #4 Of course they aren't saying anything about it, Northern Cousin -- the Democrats don't want to be sensible about spending. And while the Republicans do, since most Americans don't know the wonderful things PM Harper's government has done, citing the example doesn't advance the discussion. But we do appreciate you being our neighbour, my dear. Mexicos on both sides would be entirely too much of a good thing. ;-) |
| Posted by: trailing wife 2012-03-10 15:32 |
| #3 Thanks for the Abbott and Costello! Sitting in Western Canada, I think its our discussion with the East in a nutshell. If you look at the stats, actually Western Canada (from Manitoba west) is sitting around 5.5% unemploynent.-With Alberta around 4.9%.Sounds good? - Let me add this. The ONLY country in all of the Americas with a triple A rating is Canada. Number of Banks that went under due to the resession - none and not one was "stimulated". Housing slowed but did not crash. - All this with our largest trading partner (the USA at over 75%)going through a sh##storm. More interesting point -Iceland is considering adopting, not the Euro, not the US dollar, but the Canadian Dollar. Yep we have some problems, no country is perfect, but I would rather have ours. Funny how in the USA election year,NOONE is saying - you know --how did Canada do it? Simple - we slashed waste, cut the civil service and raised taxes to the painpoint - but it put us back again in the black for about 10 years until the 08 resession, but we should be in the black again in 2 years. Without us, US oil would be at 10$ a gallon, let anong 4 bucks. Oh yes -we have been paying 5$ for years -and we drill the stuff. Be glad we are your neighbours. Actually I am pretty glad you are ours. |
| Posted by: Northern Cousin 2012-03-10 14:24 |
| #2 Did they lose as many as the US did? So gains would be towards real growth compared to just getting back to where they were six or seven years ago. |
| Posted by: Procopius2k 2012-03-10 10:55 |
| #1 Yes, things are not that rosy. Those I've talked to have said they have their problems also. I think Obama should tell them to do a stimulus plan like here. Let me explain: |
| Posted by: Dale 2012-03-10 04:04 |