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Thursday, May 15, 2014

How did most Canadians know Harper was full of shit before economists did?

I have been saying this since 2006 and again in 2008.... and every day since....  Stephen Harper is an incompetent fool who cannot manage a toilet never mind the Canadian economy.

For cripes sake Canada the man is a bloody mail clerk who lied, cheated and deceived to get where he is. In the real world he would be tried, convicted and jailed, the only reason he is not is that he has the RCMP dancing monkey on a tight leash.

Jobs recovery overstated, Bank of Canada study finds

Labour still underutilized even as new jobs are created, economists say

The Bank of Canada says the country's job-creation record since the recession is likely a little less impressive than the fall in the unemployment rate would suggest.
The central bank says in a new research paper that the unemployment rate, although the most quoted measure of labour market health, has overestimated the jobs recovery in Canada, and particularly in the U.S.
The paper, by economists Konrad Zmitrowicz and Mikael Khan, estimates Canada lost 430,000 jobs in the recession, with unemployment rising from 5.9 per cent in May 2007 to a peak of 8.7 per cent in October 2009.
It has since recovered those lost jobs and created 600,000 more, but "an unusually large share of the unemployed have
been out of work for six months or more, and many workers who would like to work full time have been able to obtain only part-time employment."

Labour underutilized

http://www.cbc.ca/news/business/jobs-recovery-overstated-bank-of-canada-study-finds-1.2641227

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