Jobs down, unemployment up: Harper fails work-seeking Canadians
Numbers are worrisome and reflect a clear, unsettling trend in the wrong direction
In this election year, the prime minister has some explaining to do: Canadian labour markets are in worse condition than originally imagined, according to a new report by Statistics Canada.
We knew the Canadian labour market was not in great shape.
After all, in lowering its trendsetting benchmark rate to 0.75, the Bank of Canada last week cited the slack in the Canadian labour market as one of the reasons.
But what we did not know until this week is that it’s actually worse than we thought. Not ‘far worse’, but still worse enough to give us pause and confirm our suspicions that the labour market is actually headed in the wrong direction.
READ MORE http://www.cbc.ca/news/canada/manitoba/jobs-down-unemployment-up-harper-fails-work-seeking-canadians-1.2936445
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