What are we going to do with all of these jobs?

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
83
Canada adds 79,000 jobs in December, pushing jobless rate to lowest level since 1976

Canada added 79,000 jobs last month, blowing past expectations and pushing the jobless rate to its lowest level since 1976.

The jobless rate was pushed down two-tenths of a percentage point to 5.7 per cent, Statistics Canada reported Friday.

That's the lowest on record since comparable data became available 42 years ago.

Economists polled by Bloomberg were expecting a flat showing, with about 2,000 jobs added. Every province added jobs during the month, but more than half of the new jobs came in Alberta and Quebec, with each adding more than 26,000 jobs.

"Quebec was probably the most compelling story throughout the year, with job growth running strong and the unemployment rate plunging to a record low [of 4.9 per cent]," Bank of Montreal economist Robert Kavcic noted in a report to clients.

Canada adds 79,000 jobs in December, pushing jobless rate to lowest level since 1976 - Business - CBC News
 

White_Unifier

Senate Member
Feb 21, 2017
7,300
2
36
If the government must borrow and spend, then spend that money on trades and professional education for the unemployed. That way, when the government must eventually tax and cut to pay down the debt, workers will have the skills to keep on working even if it might result in a drop in profits. At least they'll still be working.

If we just waste that money, then is there any solid foundation under this growth? Do these new workers possess the skills necessary to keep some kind of employment when things get tough later?

That's my concern., that there is no foundation under this growth. Again, if the government must borrow and spend, then let's invest that money to prepare unskilled workers for the tough times ahead, and that will come with education.
 

Corduroy

Senate Member
Feb 9, 2011
6,670
2
36
Vancouver, BC
Canada adds 79,000 jobs in December, pushing jobless rate to lowest level since 1976

Canada added 79,000 jobs last month, blowing past expectations and pushing the jobless rate to its lowest level since 1976.

The jobless rate was pushed down two-tenths of a percentage point to 5.7 per cent, Statistics Canada reported Friday.

That's the lowest on record since comparable data became available 42 years ago.

Economists polled by Bloomberg were expecting a flat showing, with about 2,000 jobs added. Every province added jobs during the month, but more than half of the new jobs came in Alberta and Quebec, with each adding more than 26,000 jobs.

"Quebec was probably the most compelling story throughout the year, with job growth running strong and the unemployment rate plunging to a record low [of 4.9 per cent]," Bank of Montreal economist Robert Kavcic noted in a report to clients.

Canada adds 79,000 jobs in December, pushing jobless rate to lowest level since 1976 - Business - CBC News


Counterpoint: I can spell Trudeau with the word OWE at the end.
 

Torch light

House Member
Dec 4, 2017
3,589
173
63
More jobs bring better outcome to the community. Very good indeed. Let people work and live.
And increase the minimum wage .. excellent; a good man is this Trudeau, but only he has not supported the Palestinian and he has yielded to Trump the Zionist.
 

highsticky

EU Membership
Dec 29, 2017
246
0
16
Europe
The Jew were better when I'd like America and maybe is an American believe with Israel. Big money transfer United States business to Israel's military power to creator a bigpower in Middle East in militaries just are Israel in current mode same formation really facts about Israel. Did Trudeau supporting Israel just like Trump do supporting?
 

DaSleeper

Trolling Hypocrites
May 27, 2007
33,676
1,666
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Northern Ontario,
just another Trudeau fluffer thread








 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
4
36
The beauty of 2017 is the full time job growth. 2016 was over half part time jobs I think but 2017 is like 90% full time jobs created. In Nov there were something like 390K new full time jobs and with 22k more in december that should be over 400K new full time jobs.
 

captain morgan

Hall of Fame Member
Mar 28, 2009
28,429
148
63
A Mouse Once Bit My Sister
The beauty of 2017 is the full time job growth. 2016 was over half part time jobs I think but 2017 is like 90% full time jobs created. In Nov there were something like 390K new full time jobs and with 22k more in december that should be over 400K new full time jobs.

Got a link on the full time job stats?