Canadian unemployment rate rises to 7% in May

Tonington

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Oct 27, 2006
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Alberta oil patch is in Saskatchewan? Triiiippy dude.

Who said that? I responded to two posts, one about Saskatchewan unemployment growth, and one about seasonal adjustments in the oil patch.

Lay off the shrooms and I won't be zooming over your head old man.
 

Tonington

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Oct 27, 2006
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It appears your the confused one with some sort of grudge.

Grudge against people who don't understand moving averages? No...just amazement that people cling to ideas which can be shown to be wrong. Spring break up happens every year (May according to RCS) and crews are laid off, the numbers reported by Stats Canada are seasonally adjusted. The changes in unemployment would change far more if Stats Canada didn't report seasonally adjusted averages. That's what a moving average does, it flattens the curve. Like I said, it's clear you don't understand this.
 

petros

The Central Scrutinizer
Nov 21, 2008
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Look kid. You don't mean to pretend to understand but your book says I'm wrong?

You have no idea what "spring break up means". To you it means oil but the rest of the world it includes construction, ag, logistics, forestry, maintenance the money behind it all and a lot f-cking more all running late.

After a 7 foot frost everything is late. Running rigs on dry surfaces means f-ck all and it's not the end all be all of our economy. Not even close.

Goddam kids.
 

Tonington

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Oct 27, 2006
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Look kid. You don't mean to pretend to understand but your book says I'm wrong?

You can't admit there is a seasonal signal and then say that you can't adjust for it, that's ignorant.

You have no idea what "spring break up means".

Sure I do, but because you're probably into the booze already, you seem to be forgetting that this post is what started it all:
Why did I know this was an Mentalfloss thread. Unemployment has risen in May for a number years for a distinct reason. Spring Break Up. Between May and June, the oil fields slow down due to weather changes. No worry folks, its starting up again. See you again this time next year.

The Canadian Association of Oilwell Drilling Contractors recognizes there is a strong seasonal cycle which has an effect on employment, just like RCS mentioned:


The point is, and this keeps flying over your head, that the way the statistics are reported accounts for exactly these kinds of strong seasonal cycles.

After a 7 foot frost everything is late. Running rigs on dry surfaces means f-ck all and it's not the end all be all of our economy. Not even close.

Yes, resort to a straw man argument. I never said anything about the end of our economy.

Lay off the booze or shrooms, whichever it is...
 

Tonington

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Oct 27, 2006
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Why are you fixated on oil? Are you a huffer? Is that all you know about the prairies kid?

Because oil was the example. Of course seasonal adjustment happens for many other sectors of the job market, but oil was the example brought up in the thread before your second flat of beer. Have a nice day Derpy :smile:
 

petros

The Central Scrutinizer
Nov 21, 2008
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An example. Nothing more but you had to fixate on it and ignore everything else a slow spring brings. You even went as far as lying about your outdated link. WTF was that all about?

I mop up the floor with you so I'm drunk eh? Sweet.