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Monday, January 13, 2014

Unemployment rises but .... we still have our multi-million dollar advertising campaigns

Canada hit by unexpected rise in jobless rate

Canada’s unemployment rate unexpectedly rose from a five-year low last month led by the largest drop in full-time work since 2011.

Canada’s unemployment rate unexpectedly rose from a five-year low last month led by the largest drop in full-time work since 2011.
The jobless rate rose to 7.2 per cent from 6.9 per cent while employment fell by 45,900 in December, Statistics Canada said today in Ottawa. Economists surveyed by Bloomberg News projected a 14,100 job increase and an unchanged unemployment rate according to the median forecasts.
The weaker job market, tepid exports and sluggish business investment are hampering economic growth. Bank of Canada Governor Stephen Poloz said in an interview last month that a rotation of demand from indebted consumers is taking longer than he expected and predicted the economy won’t reach full output for two years.

Full-time employment declined by 60,000 workers in December, the most since October 2011, while part-time positions increased by 14,200.

http://www.thestar.com/business/2014/01/10/canada_hit_by_unexpected_rise_in_jobless_rate.html

This Harper government is investing in everything BUT job creation..... overpriced new helicopters, overpriced new ships, overpriced new fighter planes, overpriced prisons, highways to nowhere, oil industry subsidies the list of mismanagement of the economy goes on and on.

Mass layoffs of Federal employees, the destruction of libraries and the discarding of years of vital environmental data... to what end ??????

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