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Wednesday, July 16, 2014

Failed job creation from a failed economist

It’s getting harder for Harper to brag about his record on jobs

It’s only when you step back and look at the labour market over a  full year time frame that the problems really emerge, though. Compared to a year ago, Canada’s economy added just 72,000 net new jobs. How bad is that? Let’s put it in perspective. The average level of job creation for any 12 month period going back to 1977 is 214,000. Canada is creating jobs at just one-third the average rate of the last four decades.

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