What gives? Canada’s job market surges off to its best start in almost 40 years

Canada’s economy posted its second-straight surprise job gain, making the labour market a lone bright spot for an economy in the middle of a sharp slowdown.

The much-stronger-than-expected labour market is the only thing giving policy makers comfort amid a run of bleak data in recent months. It’s a key reason why the Bank of Canada is sticking to its belief the economy will rebound and interest rates will likely head higher. Last week, Canada’s statistics agency reported the nation’s economy grew by just 0.1 per cent in the final three months of 2018. Most economists expect the sluggishness to persist in the first six months of this year, before growth picks up steam later in 2019.

The labour force increased by 55,100 in February, and is up by 159,000 so far this year. Canada’s jobless rate was unchanged at 5.8 per cent, even with the employment gains, because more people were looking for work.

Remind me why we need to expand the oil sands and twin the Trans Mountain pipeline, for the purpose of loading oil tankers to Asia?

Well that's gonna make a lot of cons whine even more.

THE WORLD LOVES Justin Trudeau !!

But but but scheer said we are done. WTF gives?

FUCKING dout it

Thanks JustinTrudeau

Lies.

on the news a lot of it is retail work....low pay!

Must be more lawyers hired by SNC-L and more spin doctors hired by Trudeau!

LOL Since Trudeau took over stats can when he was elected so much so that the head of it QUIT. I don't believe ANY stats coming out of Canada~

Lol! Part time jobs in TO and nowhere else...how conveniently time though...

This doesn’t really pass the smell test. I’d really like to see the details of these ‘jobs’.

Good signs

Yes call centers and government funded make-work programs are amazing aren't they? What a joke headline from National Post.

Thank you Liberal Party !

Thank Ford

In what sector/industry were jobs created? Usually this data is provided. No? Most jobs were reportedly in Ontario. But, again, what sector/industry? Where can I locate this data? Thx

OP-ED ALERT!! 🚔🚔🚔🚔

Propaganda gives!

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What gives? Canada’s job market off to its best start in almost 40 yearsWhat gives? Canada’s job market surges off to its best start in almost 40 years What is this is a joke! Uh oh! This doesnt feed into the conservatives narrative! They dont have much time to come up with a new boogie man. Quick....uhhhh...taxes, we will reduce taxes! (Like we did in BC by hiding them in car insurance (ICBC) and care card payments). Whatever one thinks of VanSun, they're pretty consistent: they never, ever mention whether new jobs provide a living wage.
Herkunft: nationalpost - 🏆 10. / 80 Weiterlesen »

Canada's Job Market Just Had Its Best Start To A Year Since 1981Canada's job market just had its best start to a year since 1981 I'm sure Scheer will find something to complain about.
Herkunft: HuffPostCanada - 🏆 61. / 53 Weiterlesen »