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Canada Labour Force Survey - June 2009

by Karl Gotthardt - albertacowpoke | July 10, 2009 at 03:30 am

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Statistics Canada released the June Unemployment figures this morning in its Labour Force Survey. The unemployment rate edged up to 6.2%.
The U.S figure released showed 9.6%.

Employment in in June was unchanged for the second consecutive month. The unemployment rate edged up by 0.1%.

The economy shed 7,400 jobs last month. Many analysts had expected triple that amount. Part Time jobs and self-employed persons accounted for the largest job gains.

This is another indicator that the economy in Canada may be leveling off.

Employment was unchanged in June for the second consecutive month. The unemployment rate edged up 0.1 percentage points to 6.2%, still among the lowest in 30 years. Over the past 12 months, employment in Canada has grown by 1.7% or 290,000.

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Iffy (not verified)

at 05:33 on July 10th, 2009

Fiddled figures: in Canada basically unemployed or under-employed people are declared 'self-employed': a nice semantic trick. But what it means is that a person with next to no income spends most of their time trying to get work: that's their job. Such a person has little money to spend in the economy. As for the rest of 'job growth' in Canada: it is all government jobs. Politically correct box-ticking jobs, like how much green house gas is produced by lawn mowing, or how many disabled minority ethnic women are there in each shopping mall, or 'Canada Refugee Integration Support Officer Grade 2: Fully Verticle Highly Variagated Citizenship Cooperant Management Programme.'

Karl Gotthardt - albertacowpoke

at 05:39 on July 10th, 2009

Thanks for your comments Iffy:). Yes figures and statistics can be manipulated. Hopefully Statistics Canada is independent of political parties and politics as usual.

Roy C

at 10:44 on July 10th, 2009

If I am good, you think I can move to Canada?

By the way, I got two Canadian fivers as tips last week. It is an omen about my future. :)

Actually, what your stats show is that an economy based more on doing real things, and less on bullmerde "financial transactions" is ultimately worth more.

If we had 6% unemployment, Obama would be a candidate for secular (of course!) sainthood.

Karl Gotthardt - albertacowpoke

at 10:50 on July 10th, 2009

Gee Roy, you're close enough to Canada now, we can almost call you a British Columbian:). All that separates you is the artificial 49th parallel. With those two fivers and a good car you can make it 25 miles north of the border:)