Canadian job market surprises with 289,600 added in May despite COVID-19

[mentalfloss]

Economists were expecting 500,000 jobs would be lost during the period.


Canadian job market surprises with 289,600 added in May despite COVID-19

The majority (219,400) of the jobs created were full-time positions.

Quebec accounted for nearly 80 per cent of the jobs created.

We are still in an unprecedented economic downturn, but the unemployment rate is slowing. Canada avoided the worst-case economic scenario and the economic impact on the global economy has peaked, according to the Bank of Canada’s latest outlook.

https://ca.finance.yahoo.com/news/jobs-numbers-may-2020-124222934.html

 

[Hoid]

Huge employment bounce in America too.

 

[captain morgan]

Un-f*cking-believable

 

[mentalfloss]

All without the need of Alberta and its sludge.

It's nice being right.

 

[spilledthebeer]

Economists were expecting 500,000 jobs would be lost during the period.


Canadian job market surprises with 289,600 added in May despite COVID-19

The majority (219,400) of the jobs created were full-time positions.

Quebec accounted for nearly 80 per cent of the jobs created.

We are still in an unprecedented economic downturn, but the unemployment rate is slowing. Canada avoided the worst-case economic scenario and the economic impact on the global economy has peaked, according to the Bank of Canada’s latest outlook.

https://ca.finance.yahoo.com/news/jobs-numbers-may-2020-124222934.html

What an absurd LIE-beral JOKE!


Millions of jobs DISAPPEAR - and then a couple hundred thousand come back TEMPORARILY


and LIE-berals want to UNCORK THE CHAMPAGNE!


Why dont you look back a month or so to the GRAND ANNOUNCEMENT from Air Canada


in which thousands of employees were re-hired - only to be told later their jobs would BE TEMPORARY!


At this point in time - LIE-beral economic numbers are incoherent NONSENSE!

 

[Avro52]

All without the need of Alberta and its sludge.
It's nice being right.

Price of oil went up.

Boo hoo.

 

[Walter]

D'oh! End the lockdown.

 

[Avro52]

D'oh! End the lockdown.

What lockdown?

 

[Hoid]

13.7% unemployment.

How great is that?

 

[pgs]

13.7% unemployment.

How great is that?

Ask Trudeau .Or should I say ask a reporter to submit the question to the Liberal Party so they can concoct an answer . Then if the Party allows you may almost get a bunch of flowing words with no answer . Did you see Justines socks , isn’t he just oh so wonderful and dreamy . And just think we could have that dictator Trump .

 

[taxslave]

All without the need of Alberta and its sludge.
It's nice being right.

Except that you are wrong as always. Oil is moving up and will continue to do so as the economy picks up.

 

[taxslave]

Ask Trudeau .Or should I say ask a reporter to submit the question to the Liberal Party so they can concoct an answer . Then if the Party allows you may almost get a bunch of flowing words with no answer . Did you see Justines socks , isn’t he just oh so wonderful and dreamy . And just think we could have that dictator Trump .

Make sure it is a reporter that is on the dole. TrudOWE does not take questions from independent media.

 

[Avro52]

Except that you are wrong as always. Oil is moving up and will continue to do so as the economy picks up.

Chicken or the egg?

 

[Twin_Moose]

13.7% unemployment.
How great is that?

Obviously it must be Liberal math how do you add jobs while the unemployment rate rose? Common sense would say that obviously we must have lost more jobs than we gained no?

National unemployment rate hits new record even as economy adds jobs

OTTAWA — Canada clawed back 289,600 jobs in May as provincial governments began easing public health restrictions and businesses reopened, Statistics Canada said Friday.

Still, the unemployment rate in May rose to 13.7 per cent, the highest level in more than four decades of comparable data.
The increase in the unemployment rate, which topped the previous record of 13.1 per cent set in December 1982, came as more people started looking for work.
The monthly labour force survey showed that men gained back more jobs than women in May, resulting in a wider gender gap in employment losses as a result of COVID-19, and that the pandemic continued to disproportionately affect lower-wage workers.
The increase in the number of jobs — which mirrored a similar bump in the U.S. — came after three million jobs were lost over March and April and about 2.5 million more had their hours slashed.
Statistics Canada said the number of people who worked less than half their usual hours fell by 292,000 in May.
Combined with the increase in jobs, Statistics Canada said the country recovered 10.6 per cent of employment losses and absences related to the COVID-19 pandemic.
"The rise in the overall unemployment to 13.7 per cent, the highest on record, shouldn't be taken as a sign of underlying weakness, since it simply represents more out-of-work Canadians stating that they are now looking for work," …….More

Make sure it is a reporter that is on the dole. TrudOWE does not take questions from independent media.

Gotta steal the pre-approved question list and write it in, and watch him stutter a 1/2 assed answer before deferring to an answer that has nothing to do with the question.

 

[pgs]

Obviously it must be Liberal math how do you add jobs while the unemployment rate rose? Common sense would say that obviously we must have lost more jobs than we gained no?

National unemployment rate hits new record even as economy adds jobs





Gotta steal the pre-approved question list and write it in, and watch him stutter a 1/2 assed answer before deferring to an answer that has nothing to do with the question.

We are working hard for Canadians and always will work hard for Canadians .

 

[Walter]

We are working hard for Canadians and always will work hard for Canadians .

Most Canadians would rather werk than have Justine werk for them.

 

[Jinentonix]

All without the need of Alberta and its sludge.

It's nice being right.

Let us know when you actually get one right. From your link,

Trevin Stratton, the Canadian Chamber of Commerce’s Chief Economist and VP of Policy, called the numbers the “Schrodinger’s cat of job” markets. He says we shouldn’t read too much into them.
“It is indeed a strange time when we react favorably to slowing job losses that by any standard measure would be catastrophic. Today’s figures (290,000 jobs gained, but 13.7% unemployment) are both terrible and positive at the same time,” he said in a release.

F*ck are you ever dumb. Especially when 80% of that was in Quebec, which really does little for the ROC.


It's also nice to see your anti-Canadian bullshit come to the forefront again. "F*ck Alberta oil! Gimmie more of that blood stained, terror financing Middle East oil." Right?

 

[captain morgan]

All without the need of Alberta and its sludge.

It's nice being right.

Irving Oil is shipping Alberta oil from Vancouver aaaaallllll the way down through the Panama Canal and aaaalllll the way back up to Nfld for refining.


Yep, Alberta oil being used that far East

Obviously it must be Liberal math how do you add jobs while the unemployment rate rose? Common sense would say that obviously we must have lost more jobs than we gained no?

National unemployment rate hits new record even as economy adds jobs

Gotta steal the pre-approved question list and write it in, and watch him stutter a 1/2 assed answer before deferring to an answer that has nothing to do with the question.

Sunny Ways.


Oh, almost forgot... "Budgets balance themselves"

 

[Avro52]

Irving Oil is shipping Alberta oil from Vancouver aaaaallllll the way down through the Panama Canal and aaaalllll the way back up to Nfld for refining.
Yep, Alberta oil being used that far East

Sunny Ways.
Oh, almost forgot... "Budgets balance themselves"

The only thing dumber is using rail, ask Lac-Mégantic how they feel about it.

Build the pipeline!

 

[mentalfloss]

Price of oil went up. Boo hoo.

And still contributed jack to the economy.

Boo hoo.