Canada loses 31,200 jobs in July; biggest drop in full-time positions since 2011

[Locutus]

bravo

The Canadian labour market lost 31,200 net jobs last month as the country experienced the biggest monthly drop in full-time work in nearly five years.

Statistics Canada’s latest labour force survey says the market shed 71,400 full-time positions in July – a number partly offset by an increase of 40,200 in less-desirable, part-time jobs.

The agency says full-time work in Canada hasn’t suffered a one-month blow this big since October 2011.

The report says the national unemployment rate in July crept up to 6.9 per cent from 6.8 per cent the previous month.

The survey also says paid employee positions fell by 28,400 last month, compared to a decline of 2,700 in self-employed work.

A consensus of economists had predicted the country would add 10,000 jobs and the unemployment rate would move up to 6.9 per cent, according to Thomson Reuters.


Canadian economy loses 31,200 jobs in July - 680 NEWS

 

[Kreskin]

It beat the 2011 result? Awesome!!

 

[MHz]

I was under the impression those were the good years as the oil crash wasn't until 2014.

 

[captain morgan]

Sunny Ways... And a lot more of those Sunny Ways to come I'll bet

 

[Dixie Cup]

I'm thinking that the economy in Alberta is spreading across the nation and that now maybe people will believe that it's not Ontario (alone) that drives the economy of the country but other provinces (namely Alberta) as well. Where the hell are those pipelines?


JMHO

 

[taxslave]

Notley and trudOWE will be hiring thousands more bureaucraps to help make up the shortfall. Poor flossy.

 

[MHz]

In |Alberta waiting for those in need to come to 'them'. The aspect of freezing to death is a great motivation to 'Go west young man, but don't cross the Rockies'.

 

[JLM]

B.C. is having a good year, 12,000 more jobs in July!

 

[taxslave]

B.C. is having a good year, 16,000 more jobs in July!

Thats because of our anti worker government.

 

[Machjo]

Freer trade and open borders would get half of them back into the workforce.

Replacing an obligatory minimum wage with a guaranteed minimum income could remove the minimum-wage barrier for others. Literacy, trades and professional education could get most of the rest back into the workforce, then we'd have few unemployed left.

Notley and trudOWE will be hiring thousands more bureaucraps to help make up the shortfall. Poor flossy.

If it's an essential sslervice, good, as long as it's not busy work.

 

[mentalfloss]

This is the lag effect from Alberta getting hit earlier.

We need to stop relying on the fossil fuel industry.

 

[MHz]

Renewing the hemp industry would cure all of that so don't expect it to happen anytime soon.

 

[JamesBondo]

This is the lag effect from Alberta getting hit earlier.

We need to stop relying on the fossil fuel industry.

I would encourage you to lead by example. Please stop consuming fossil fuel.

 

[Walter]

Justine has nice hair.

 

[EagleSmack]

 

[lone wolf]

Now, with Wynne's propagandic 47 thou jobs created, are we ahead or behind?

 

[Danbones]

It beat the 2011 result? Awesome!!

I think that's supposed to read "Under beat"
saying beat alone leaves under, which in this case is over, but who still has been beaten, feeling hurt and offended


WE have created 47,000 NEW spaces which can now be filled with jobs!

 

[JLM]

I wonder what the effect was of our illustrious Prime Minister importing 25,000 plus aliens!

 

[Machjo]

I wonder what the effect was of our illustrious Prime Minister importing 25,000 plus aliens!

It probably created jobs through increased demand for shelter, food, clothing, etc.

 

[captain morgan]

Freer trade and open borders would get half of them back into the workforce.

Replacing an obligatory minimum wage with a guaranteed minimum income could remove the minimum-wage barrier for others. Literacy, trades and professional education could get most of the rest back into the workforce, then we'd have few unemployed left.

Great logic.... Do ya think that the employers will be anxious to take out big bank loans to pay for this fantasy or will they just dump money down this program until they go t*tters?

Justine has nice hair.

The secret is in the special conditioner he uses.

.... he's so dreamy

It probably created jobs through increased demand for shelter, food, clothing, etc.

Shelter is in hotels & kicking soldiers out of their quarters and the clothes are all made in China