Canada loses 71,200 jobs in biggest employment drop in decade
Unemployment rate jumps the most since 2009 to 5.9%
Canada’s job market unexpectedly weakened for a second-straight month, registering the biggest drop in employment since 2009 and casting doubt on the resiliency of the domestic outlook.
The economy lost 71,200 jobs in November, Statistics Canada said Friday in Ottawa, following a decline of 1,800 in the prior month. That pares the total number of jobs added this year to around 285,100.
The report missed the median economist forecast for a gain of 10,000 jobs. The unemployment rate increased to 5.9 per cent in the month, from 5.5 per cent in October, the biggest one-month jump since 2009. The decrease in employment was broad-based among both the goods-producing and service-producing sectors.
https://business.financialpost.com/news/economy/canadas-economy-loses-71200-jobs
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Our resident bird brain Bluebyrd35 - supported by
compulsive truth deniers such as LIE-beral lover hemerHOID....................
has seen fit to offer us some alleged advice on economic matters and I here take up the opportunity to refute her intellectual drivel!!
As always my answers will be in brackets):
Birdie says): The economic stats completely contradicts a lot of the beliefs of most of those posting here.
(Stupid Bluebyrdie wants to HIDE the fact it is easy to look RICH- for a while - if you stop paying your bills!!!!!!!!!!!!!!!!!!!!!!!!!!!)
The national debt: Canada has the lowest debt burden in the Group of Seven. The weight of federal debt is not heavy and increasing; it’s light and shrinking. The debt-to-GDP ratio, a measure of the debt relative to the size of the economy as measured by gross domestic product, was low in 2015, and it’s gone down over the past four years.
(Oh such lies and HALF truths!! Just because we are the LEAST BANKRUPT of the G7 is no reason for complacency!! Who wants to follow the PIGS -Portugal, Ireland, Greece and Spain down the fiscal rabbit hole????????????)
(As for the NONSENSE CLAIM that our debt is shrinking - the reality is OTHERWISE!! Ontari-owe recently became the most deeply indebted sub national political entity on the planet!! Only the election of Doug Ford has halted our PAINFUL slide into the Debt Wall!! And if Ford loses the battle with the civil service union HOGS over GRAVY - then we WILL do that nasty face plant into the debt wall!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)
(And Our idiot Boy plans to run deficits for a many years as possible!!!!!!!!!!!!!!!!)
(There are other economic indicators that Byrdie is IGNORING!! Such as the increasing NEED for more medical services as our population ages!! There are already major cracks in the system such as DANGEROUS DELAYS in getting treatment for rapidly advancing types of cancer!!!!!!!!!!!!!!!!!!!!!!!!!!!)
(Or we could consider the recent reports of several babies DYING AT HOME - in New Brunswick due to local hospitals being OVER FULL and refusing to admit and treat the babies - with the doctors unable to get done the testing that would have revealed the infants were suffering from MAJOR LUNG INFECTIONS!! Yes in modern HOG dominated Canada your sick child can SUFFOCATE in your arms while doctors whine: come back in a couple of days!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)
(Or we could talk about the New Brunswick guy who suffered a stroke but didnt know it - and he went to his local hospital “complaining of a head ache” and doctors made plans to ship him by ambulance to another hospital which ACTUALLY HAD equipment to examine his head carefully - and the GUY DIED of a CURABLE PROBLEM while waiting for an ambulance that NEVER CAME - because ambulances are in short supply - LIE-beral cost cutting again - so the ambulance he needed was diverted to another “emergency”!!!!!!!!!!!!!!!!!!!!)
(Here in Ontari-owe there is a storm brewing over long term care beds - with the entire medical system GRID LOCKED for lack of resources!! So called “bed blockers” are patients that are too sick to go home - but not sick enough to be in hospital!! What the bed blockers NEED is a long term care facility that can monitor their situation and offer up help with going to bathroom and navigating hallways to prevent falls and such!! The bed blockers SHOULD NOT be in a hospital setting as it is too costly and geared to offering MORE CARE than they need - it is a waste of resources we cannot afford!!!!!!!!!!!!!!!!!!!)
(And there is desperate and growing NEED for more long term care facilities to tend to the aged - AS WELL AS desperate need for more staff!! In an Ontari-owe case - a man DIED because of a FALL!! The medical chart SPECIFIED that he MUST HAVE TWO NURSES to move the guy from wheel chair to bed- yet he was REPEATEDLY MOVED by a SINGLE over worked nurse!!!!!!!!!!!!!!!!!!!)
(One nasty evening the old guy slipped away from the hands of the lone nurse moving him despite the rules in place - and he gashed his leg BADLY on the steel bed frame - with the nurse not noticing the RAPIDLY POOLING BLOOD hidden under the sheets!!!!!!!!!!!!!!!!!)
(Hours later a nurse happened to check on the guy and noticed the blood pooling on the floor and called for an ambulance- the guy was taken to hospital but DIED some hours later from complications of old age AND OF HAVING BEEN BLED OUT!!!!!!!!!!!!)
(Or we could talk of the Diabetes patient who had a leg amputated below the knee due to blood circulation being so poor that the lower leg tissue died and threatened to become Gangrenous - so the leg had to come off to prevent him dying!! The amputation went well - and doctor specified that the guy was to have home use of a “vacuum machine” to be fitted to the stump of his leg- to induce positive blood flow and speed the healing process!!!!!!!!!!!!!!!!!!!!!!!!!!!)
(Problem is the healing went longer than expected and some civil service union HOG bean counter came by and REMOVED the vacuum machine since guy had used it longer than HOGS ALLOWED!!!!!!!!!!!!!!!!!!!!!!!!!!)
(The Doctor PROTESTED LOUD AND LONG against removal of the machine - and presented COMPELLING ARGUMENTS for retaining the machine!! Doctor pointed out that without the machine- the Gangrene would likely RETURN as the wound would not heal fully- and once the gangrene was re-established - the guy would NEED MORE AMPUTATIONS ABOVE THE KNEE -even worse there might be need to amputate the other leg as well!!!!!!!!!!!!!!!!!!!)
(The KEY to doctors argument was this - with one leg off BELOW the knee- the guy COULD RETURN to his job as an auto mechanic - meaning he could work and pay taxes - but any further amputations would CRIPPLE HIM and force him onto welfare as a disabled person!! SIMPLY BECAUSE SOME HOG WONT LET HIM HAVE THE MACHINE till his leg wound is FULLY CURED!!!!!!!!!)
(Such a HOG choice is INSANE!! To take action that will prevent a person from remaining as a working, useful member of society - and FORCING the guy to become a SOCIALLY DEPENDENT CRIPPLE is MADNESS!!!!!!!!!!!!!!!!!!!!!!)
(These medical nightmares are the DIRECT RESULT of LIE-beral spending priorities and all indicators prove things are GETTING WORSE!! Ever more people are falling through the medical cracks!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)
(Even worse - LIE-beral privacy laws BLOCK US from learning about the medical CRAP!! A nurse out west is facing union HOG punishment for complaining about how her DYING FATHER was treated!!!!!!!!!!!!!!!!!!!!)
At just 1 per cent of GDP, federal debt-service costs in 2018-19 were lower than at any time since at least the mid-1960s. Ottawa is currently spending less on debt servicing than during the Stephen Harper era.
(Poor stupid Byrdie IGNORES the economic disaster that was the 2008 mortgage melt down thaqt Harper had to deal with!! There are no facts that LIE-berals cannot twist into untruth!!!!!!!!!!!!!!!!!!!!!!!!!!!)
(Even worse - Byrdie ignores fires and failures in Toronto not so “affordable housing”!! In 2018, TCHC began renovations on 150 town houses in the Jane St area and ended up TEARING THE UNITS DOWN as they were too ROTTEN to bother saving!! Something like 20 percent OF ALL TCHC “affordable housing units” are NOT BEING rented out - at any given time because of the back log of DESPERATELY NEEDED REPAIRS - to everything from plumbing to roofing!!)
(The same issue of LONG TERM NEGLECT is plaguing our water system!! Some in the know HAVE MOCKED LIE-beral environmental hypocrisy for IGNORING the RAW SEWAGE being dumped into rivers and oceans!!!!!!!!!!!!!!!!!!!)
(Only a few articles have been written ABOUT THE ENVIRONMENTAL COST of leaking drinking water pipes - with MULTI MILLION litres of drinking water lost from antique plumbing!! All those millions of litres of water were FULLY TREATED at govt HOG run plants that consume VAST AMOUNTS of electricity since all the pumps are electrically powered!!!!!!!!!!!!!!!!!!!!!!!)
(By losing all that drinking water - we FORCING govt to produce much more electricity - much of it produced from natural gas fired generators - with LIE-berals wanting to phase out ALL use of fossil fuel!! Spilling all that purified water HARMS the environment due to electrical needs!!!!!!!!!!!!!!)
(Other citizens are suffering every time it rains as ANTIQUATED storm sewers over flow and flood homes and businesses!!!!!!!!!!!!!!!!!!!!!!!!)
(In other news -our roads are collapsing due to the same govt NEGLECT of infrastructure!! Early maintenance means LOWER COST - while waiting longer forces RAPID ESCALATION OF COST!!!!!!!!!!!!!!!!!!!!!!!!)
(Regular maintenance means govt can simply grind off the surface layer of asphalt and replace it to restore the road to good service!! But LONGER intervals between maintenance mean that MAJOR WORK IS REQUIRED as frost heaving damages the substrate!! Thus waiting till our roads are truly messed up as they are now means WAY MORE WORK IS NEEDED than merely resurfacing - and that COSTS MORE and takes LONGER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)
(We are facing a MASSIVE BILL to restore our infrastructure to long term usable condition!! Do we want to become a third world pest hole where the electricity and water work only a few hours per day?? That IS the future if we do not start repairing stuff!!!!!!!!!!!!!!!)
(We have seen several devastating fires in Toronto TCHC housing that killed people!! On Saturday evening - Toronto fire dept responded to a 4 alarm blaze in an abandoned building down town- one of several that have repeatedly been set ablaze while Toronto Silly Hall dithers over what to do and how to develop the “historically significant area” -with two firemen falling off the roof - one with a broken leg -the other with CRITICAL INJURIES!! We now have MAJOR fire dept MEDICAL BILLS because Silly Hall does not like developers !!!!!!!!!!!!!!)
In short, Ottawa does not have a debt crisis, or even a debt problem. The other parties are free to disagree with the Liberal government’s choices on other issues, but (we’re looking at you, Conservatives) don’t even try arguing that it’s dug Canada into a fiscal hole.
(Or we could talk about Alberta and what will happen to that provinces debt after Our idiot Boy manages to KILL the oil patch AS HE HAS PROMISED!! We are going to have to deal with $64 BILLION DOLLARS in stranded debt that is going to TIE THE HANDS of LIE-berals for years to come - if the idiot Boy gets his way!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)
(And what of all the kids who OWN NOTHING and are stranded into their 30`s - living with aging parents -and struggling to pay off student loans????????????)
(The UGLY REALITY is that LIE-berals have MORTGAGED the future
of generations not yet born!! When Pierre Trudope was first elected -Cdn banks had 83 cents on deposit for every dollat loaned out!! When Pierre finally left office - Cdn banks had 17 cents on deposit for every dollar loaned out!! And now our banks have about 11 cents on deposit for every dollar loaned out - and LIE-berals CLAIM they are good money managers!!!!!!!!!!!!!!!!!!!!!!)
(At every turn our infrastructure is COLLAPSING!!! Our health care is being RATIONED to the point that people ARE BEING CRIPPLED OR DYING!!!!!!!)
(LIE-berals CLAIM we have a “Climate Emergency” on our hands!! SO WHERE is the new public transit that will replace our cars??????????????????????)
(LIE-berals are focussed on BUYING VOTES from illegals -and yet they HAVE NO CLUE where the gravy will come from - that will be needed for DECADES to come - to tend to the unskilled and ill-educated illegals!!!!!!!!!!!!!!!!!!!!!!!!!)
(LIE-beral spending priorities are SO SKEWED they cannot even respond effectively to the gang bangers shooting up our streets!!!!!!!!!!!!!!!!!!!!!!!)
(LIE-berals do not care that money laundering criminals from around the world consider Canada to be their happy playground!!!!!!!!!!!!!!!!!!!!!!!!!)
(Not since the Middle Ages - when lords OWNED the peasants who worked their land - has there been such an abuse of ordinary people - as LIE-berals are pushing on us!!!!!!!!!!!!!!!!!!!!!!!!!!!!)
(The only thing LIE-berals have NOT yet done is claim a DIVINE RIGHT to abuse us- but they ARE working on it!!!!!!!!!!!!!!!!!!!!!!!!!!!)