That Liberal tax and spend plan is clearly a huge job killer.
I think I'm starting to understand why the conbots are curmudgeons now. When you're wrong this often it kinda makes sense.
Canadian jobs gains crush forecasts as evidence of economic recovery builds
The Canadian labour market surged in March, snapping a recent soft patch in employment in dramatic fashion, providing fresh evidence of Canada’s strengthening economy.
Statistics Canada’s monthly Labour Force Survey reported that total employment jumped 41,000 last month, more than reversing the two small declines in January and February. That brought the unemployment rate down to 7.1 per cent, after hitting a three-year high of 7.3 per cent in February.
Economists had anticipated a bounce-back in hiring from the sluggish figures of the first two months of the year, as economic indicators had generally shown that the economy was growing at a solid pace early in the year. But the gain was much bigger than the 10,000 jobs that economists, on average, had estimated.
Some of the key details within the report underlined the strength of the March numbers. Private-sector employment surged 65,000; full-time jobs were up 35,000. And in Alberta, where labour market has been severely battered over the past year by the dramatic slump in oil prices, employment surged 19,000 in March, and the unemployment rate tumbled to 7.1 per cent from February’s 20-year high of 7.9 per cent.
“GDP is roaring, and the labour market seems to be joining the party,” Canadian Imperial Bank of Commerce economist Nick Exarhos said in a research note. “Chalk this up as another positive data point in a Canadian outlook that looks much brighter than it did a few months ago.”
Canadian jobs gains crush forecasts as evidence of economic recovery builds - The Globe and Mail
I think I'm starting to understand why the conbots are curmudgeons now. When you're wrong this often it kinda makes sense.
Canadian jobs gains crush forecasts as evidence of economic recovery builds
The Canadian labour market surged in March, snapping a recent soft patch in employment in dramatic fashion, providing fresh evidence of Canada’s strengthening economy.
Statistics Canada’s monthly Labour Force Survey reported that total employment jumped 41,000 last month, more than reversing the two small declines in January and February. That brought the unemployment rate down to 7.1 per cent, after hitting a three-year high of 7.3 per cent in February.
Economists had anticipated a bounce-back in hiring from the sluggish figures of the first two months of the year, as economic indicators had generally shown that the economy was growing at a solid pace early in the year. But the gain was much bigger than the 10,000 jobs that economists, on average, had estimated.
Some of the key details within the report underlined the strength of the March numbers. Private-sector employment surged 65,000; full-time jobs were up 35,000. And in Alberta, where labour market has been severely battered over the past year by the dramatic slump in oil prices, employment surged 19,000 in March, and the unemployment rate tumbled to 7.1 per cent from February’s 20-year high of 7.9 per cent.
“GDP is roaring, and the labour market seems to be joining the party,” Canadian Imperial Bank of Commerce economist Nick Exarhos said in a research note. “Chalk this up as another positive data point in a Canadian outlook that looks much brighter than it did a few months ago.”
Canadian jobs gains crush forecasts as evidence of economic recovery builds - The Globe and Mail