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Canada lost 45,000 more jobs in July
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by albertacowpoke | August 7, 2009 at 04:07 am
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Canada's jobless rate remained steady at 8.6% in July. Statistics Canada released the figures this morning. 45,000 jobs were lost, this didn't change he overall jobless rate as some people dropped out of the job market or gave up looking for work.
Most of the jobs were lost in Quebec in the manufacturing industry. Saskatchewan and Newfounland Labrador lost a few jobs, while the remainder of the provinces remained unchanged.
The tourist trade was affected in the job figures. 22,000 jobs were lost in accommodation and food services, while 24,000 jobs were gained in wholesale trade. The construction trades lost 18,000 bringing the total to 120,000 since October. Manufacturing has dropped 218,000 since October.
Self Employment continues to rise, adding 35,000 jobs last month.
Canada's jobless rate remained steady at 8.6 per cent in July, even as the country lost about 45,000 jobs, Statistics Canada said Friday.
The unemployment rate remained unchanged from June as people gave up looking for work and dropped out of the labour market.
Economists had been forecasting the country would lose about 20,000 jobs for the month and that the unemployment rate would bump up to 8.8 per cent.
Self-employment continued to rise last month, adding 35,000 jobs. Since October, self-employment has gone up by 70,000.
Employment fell by 22,000 in accommodation and food services in July, while retail and wholesale trade was up by 24,000. Construction sector employment decreased by 18,000 in July, bringing total losses since October to 120,000, while employment in manufacturing was little changed. Since October 2008, manufacturing employment has dropped by 218,000, or 11.1 per cent.
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Most RecentMost Recommended Comments (20)
at 05:32 on August 7th, 2009
Self Employment may rise, the question though would be whether they make enough to be able to sustain them self.
at 13:02 on August 7th, 2009
They make more on self employment than welfare, that's why they take the bull by the horn. There are a lot of untapped gifts out there in blue collar trades. Many do quite well.
at 19:12 on August 7th, 2009
Well, one can not live on welfare ACP. Making more then on welfare should not be to hard.
Making enough to make a living is another story.
at 19:36 on August 7th, 2009
Reference welfare, what I said is that people go for self-employment, because after Employment Insurance runs out and they can;t find a job they have to rely on welfare. I know you can;t live on it. Having said that, this consumption society has worked itself in a corner. When one looks around the city of Edmonoton, and most other cities, it is quite evident that people are so far extended that any blib will cause them disaster. In a lot of cases a 1% rise in their mortgage interest would send them there, let a lone a loss of a job.
We don;t do well in our schools teaching people the basics of financial household management. My parents weren't rich, but they lived within their means. They didn't live in excess as the younger generation tends to.
Maybe this recession will teach some to eat some humble pie. Greed was not only with the big corporations and Wall Street it was also with the man on the street.
at 19:47 on August 7th, 2009
That is a great comment ACP. I agree!
One reason why Japan does master this crisis better then any Western Nation is because people here are still rather humble and able to live with very little and this with out even complaining.
A little like our parents Generation was able to and yet walk with their head high and proud and work very hard to make ends meet.
Material values are superficial, where as Moral and ethical once are the essence of survival and human dignity.
at 19:52 on August 7th, 2009
Well said Paschen.
at 00:38 on August 8th, 2009
sounds good! but in reality it's too far from the truth since there is one fact you forgot to mention, Japan has the world's highest suicide rate, last year reaching over 35,000 cases and nearly all of them because of the financial crisis they were experiencing! Think again fella!
at 05:10 on August 8th, 2009
No, Zichi, that is not true! Japan has one of the World highest Suicide rates not the highest. however, Typically most suicides are men, with over 71% of suicides in 2007 being male. The rate among the over-60 population is also high, but people in their thirties are most likely to commit suicide. Suicide is the leading cause of death for people under 30.
The most frequent location for suicides is in Aokigahara, a forested area at the base of Mount Fuji. in the period leading up to 1988, about 30 suicides occurred there every year. In 1999, 74 occurred, the record until 2002 when 78 suicides were found. The area is patrolled by police looking for suicides, and that same year 83 people intending suicide were found and taken into protective custody.
Railroad tracks are also a common place for suicide, and the Chūō Rapid Line is particularly known for a high number.
Even in good economic times in Japan the economic upturn times, the suicide rates have continued to be high, prompting concern by the Japanese government. And this prior to this crisis.
I read the Government Stats some time ago and Russia as well a Sweden are now higher then Japan, The reasons for those suicides is not that clear either, some relate it to mental problems such as depression and others to social code of pride and lack of social support.
Other argue that drugs and alcohol play a large role here. It would be a debate by it self since the experts can not agree on this.
So, yes, think again J2B and take all facts into account here. The Western world that so far had the highest Suicide rates is now being followed and soon maybe even exceeded by India and Gaza in that regard and there the reasons are depression caused by War and Monsanto.
at 07:00 on August 8th, 2009
thank you, very informative but I think the current figure of 51 suicides per 100,000 people, or 100 suicides per day, 1 every 15 minutes would put Japan in 3rd or 4th place. There is an increase of suicide of older people because they are suffering more with the financial crisis.
Japan rate is twice that of America and three times that of Britain.
www.medicalnewstoday.com/articles/112244.php
at 08:37 on August 8th, 2009
Public discussion of the high rate of suicide have focuses on blaming the economic hardship faced by middle-aged men. In addition, increase in Internet use (particularly the suicide websites) is partially blamed for the increase in suicide in recent years.
However, studies have concluded that this can not be the case since even in good economic time the suicide rates where above 30,000 per annum.
The primary reason for the high rate in suicide seems to be the culture of the shame society is one in which the primary device for gaining control over children and maintaining control over adults is the inculcation of shame and the complementary threat of ostracism.
Some serious studies have been conducted on this issue and depending on the study of members of that culture who were available for interview and study in the West and East, namely war prisoners at detention centers, as well as literary and other such records pertaining to cultural features, Ruth Benedict drew what some regard as a clear picture of the basic workings of Japanese society. Her study has been challenged and is not relied upon by anthropologists of Japan today.
Contemporary Western society uses shame as one modality of control, but its primary dependence rests on guilt, and, when that does not work, on the criminal justice system.
Those factors are still today of great relevance. Shame and Guilt inflicted through education and social make up or doctrine.
Further other factors have to be taken into account such as Divorce and Family, One study by the National Institute for Healthcare Research indicates that divorced people are three times as likely to die by suicide as people who are married.
....
at 11:10 on August 8th, 2009
thank you again for all the additional information! Sorry to take up your time!
at 07:30 on September 9th, 2009
ej_johnsom0iii@yahoo.com Hello Dear, How are you today, hoping all is well? I am Johnson Edward an accountant with one of the banks here, I have a deal that I and my colleagues want to execute with you, for more details reply through me private email; ej_johnson0iiii@yahoo.co.uk Regards, Johnson.
at 06:57 on August 7th, 2009
why are people dropping out of ei......could it be their benefits have run out what nxt for them, what is the efffect on the economy..is the recession over or just getting ready to collapse again good post acp
at 13:04 on August 7th, 2009
Unfortunately our job losses were higher than those reported in the US. The good news is that some new jobs were created as well. There are a lot of hidden enterpreneurs out there.
at 08:27 on August 7th, 2009
It looks like the recession will lat many more months.
at 09:31 on August 7th, 2009
But our dedicated PM assures us we will be victorious....Canada the glorious and free!
Source: cbc.ca
at 10:45 on August 7th, 2009
Karl,
Great piece as always, thank you. I'm wondering where that corner is that everyone says we are about to turn....
at 13:00 on August 7th, 2009
Unfortunately the corner is round.
at 06:21 on August 8th, 2009
Isn't Harper an economist by profession? Gives a bad name to all economists considering the job he's doing.
at 11:33 on August 8th, 2009
He is both an economist and a policy guy. Thank you for your comments.