5 thoughts on “Two telling announcements on jobs creation from US & Canada

  1. Are you comparing seasonally-adjusted apples to non-seasonally-adjusted oranges? The GLOBE & MAIL article states, ‘Much of the gains came from a seasonal bounce in educational services.’

  2. Quite possible that I am .. did not dig that much deeply. We also know that both (all) governments will use adjusting mechanisms to some extent as well as subsequent revisions after the fact. Directionally through all the murk the main point remains that America is treading water at best. They are one of the most aggressive at providing a positive view of unemployment stats probably which further makes the point.

  3. Perhaps we should be spending our time looking for undiscovered fossil fuel resources. Where would Canada’s job market be without the tar sands and oil shale bonanza? North Dakota is also doing well thanks to the Bakken oil shale formation. Comparing two different economies at the same point of time tells us very little about the effectiveness of government policy in spurring employment.

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