Canada's job growth not best in G7, OECD finds
Harper government claims of job growth not borne out by employment rate figures
The Canadian Press Posted: Apr 23, 2014 2:36 PM ET Last Updated: Apr 23, 2014 2:36 PM ET
The numbers from Paris-based Organization for Economic Co-operation and Development suggests Canada places fifth in terms of job creation.
The OECD data measures what economists call the employment rate, which is the percentage of the working age population that actually has a job.
By that measure, only two countries in the G7 — Germany and Japan — have a higher percentage of employed today than when the recession began in the fall of 2008. Meanwhile, the United Kingdom and France are close to returning to pre-slump levels.
Canada's employment rate at the end of 2013 stood at 72.4 per cent among 15 to 64 year olds which, while high, is still 1.3 percentage points lower than before the recession.
'In a nutshell, all we've done is keep up with population growth. Just looking at jobs created is going to put Canada in a better light just by dint that we have much stronger population growth, so that's probably not the fairest way to compare ourselves to others'
http://www.cbc.ca/news/business/canada-s-job-growth-not-best-in-g7-oecd-finds-1.2619439
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