Jobu Posted October 10, 2008 Report Share Posted October 10, 2008 (edited) http://www.cbc.ca/canada/story/2008/10/10/job-stats.html Statistics Canada has surprised economists and tossed a wild card into the federal election campaign, reporting that the Canadian economy generated a record 107,000 new jobs in September. The massive number was totally unexpected, as analysts were expecting a modest pick-up in the 12,500 range. ... "The agency said employment increased across a number of industries, including health care and social assistance, business, building and other support services, agriculture, construction and natural resources." ... More in September than in any month since StatsCan started asking the question. Edited October 10, 2008 by Jobu Quote Link to comment Share on other sites More sharing options...
M.Dancer Posted October 10, 2008 Report Share Posted October 10, 2008 I was watching CBC morning news this AM and they started the news with the jobs. There was a preamble of doom and gloom, how they were expecting the financial woes to manifest itself this September when they said contrary to their thoughts that the number of jobs created was a record. That there hasn't been this many jobs created since 2002....Their disappointment was palpable. Still they were able to find the lead lining in the silver cloud....that most of the jobs were part time. Quote Link to comment Share on other sites More sharing options...
Jobu Posted October 10, 2008 Author Report Share Posted October 10, 2008 I was watching CBC morning news this AM and they started the news with the jobs. There was a preamble of doom and gloom, how they were expecting the financial woes to manifest itself this September when they said contrary to their thoughts that the number of jobs created was a record. That there hasn't been this many jobs created since 2002....Their disappointment was palpable. Still they were able to find the lead lining in the silver cloud....that most of the jobs were part time. Actually, there hasn't been this many jobs created in over 30 years, I believe. Quote Link to comment Share on other sites More sharing options...
Smallc Posted October 10, 2008 Report Share Posted October 10, 2008 Actually, there hasn't been this many jobs created in over 30 years, I believe. Its excellent news. Lets hope that we can keep it up. Quote Link to comment Share on other sites More sharing options...
Bryan Posted October 10, 2008 Report Share Posted October 10, 2008 I'm sure that the Liberal spin will either be that many of them were part time. Thing is, many jobs ARE part time. A lot of people who enter the workforce are looking for part time work. The original estimates of 12,500 were total jobs, full and part-time. This is a lot more! Not only that, job increases are everywhere. Quebec and Ontario saw MORE employment, not less as Jack and Dion have been claiming. Manufacturing saw 20,000 more jobs too. MORE, not less. Between this, the IMF's report that our banks are in the best shape in the world, the Statscan report that wages have outpaced inflation, World Economic Forum coming out and saying that Canada's finances are the strongest in the world, the official report from the Department of Finance that we are comfortably in surplus (the ONLY G7 country to do so), at least now we know for a fact one thing that most intelligent people have always suspected: Dion is either a pathological liar or he is completely inept. Quote Link to comment Share on other sites More sharing options...
Slim MacSquinty Posted October 10, 2008 Report Share Posted October 10, 2008 Don't worry, the Liberals surely won't let these facts stand in their way, no other facts have prevented them from selling their doom and gloom, we care, we're here for you BS. They'll be there for you alright with higher taxes and thieving back room operators. If we're stupid enough to give them power again I bet their financial woes, that they haven't been able to figure out for the last 2-1/2 years, will magicaly disappear. Quote Link to comment Share on other sites More sharing options...
jdobbin Posted October 10, 2008 Report Share Posted October 10, 2008 Between this, the IMF's report that our banks are in the best shape in the world, the Statscan report that wages have outpaced inflation, World Economic Forum coming out and saying that Canada's finances are the strongest in the world, the official report from the Department of Finance that we are comfortably in surplus (the ONLY G7 country to do so), at least now we know for a fact one thing that most intelligent people have always suspected: Dion is either a pathological liar or he is completely inept. The IMF also said Canada can't expect not to be sideswiped. Harper said he would not bail out the banks. He doesn't call what he today a bail out but he can't seem to find the words to explain what he is doing. The jobs announcement is good news. Does it give an indication of how these trying times will be handled by Harper in the months ahead? I don't even think Harper would be as bold to say that it is all peaches and cream ahead. If the U.S. is in recession like the IMF says, it will be hard to keep charging ahead. Quote Link to comment Share on other sites More sharing options...
Jobu Posted October 10, 2008 Author Report Share Posted October 10, 2008 The IMF also said Canada can't expect not to be sideswiped.Harper said he would not bail out the banks. He doesn't call what he today a bail out but he can't seem to find the words to explain what he is doing. The jobs announcement is good news. Does it give an indication of how these trying times will be handled by Harper in the months ahead? I don't even think Harper would be as bold to say that it is all peaches and cream ahead. If the U.S. is in recession like the IMF says, it will be hard to keep charging ahead. If you don't understand what the CMHC transfer today is, and that it doesn't cost a cent, and that it's not a bailout, I feel sorry for you. Just a little, though. Quote Link to comment Share on other sites More sharing options...
noahbody Posted October 10, 2008 Report Share Posted October 10, 2008 I'm sure that the Liberal spin will either be that many of them were part time.Thing is, many jobs ARE part time. A lot of people who enter the workforce are looking for part time work. The original estimates of 12,500 were total jobs, full and part-time. This is a lot more! Not only that, job increases are everywhere. Quebec and Ontario saw MORE employment, not less as Jack and Dion have been claiming. Manufacturing saw 20,000 more jobs too. MORE, not less. Between this, the IMF's report that our banks are in the best shape in the world, the Statscan report that wages have outpaced inflation, World Economic Forum coming out and saying that Canada's finances are the strongest in the world, the official report from the Department of Finance that we are comfortably in surplus (the ONLY G7 country to do so), at least now we know for a fact one thing that most intelligent people have always suspected: Dion is either a pathological liar or he is completely inept. Still people want to pull over and let crazy drive the bus. I think the most truthful words out of a politician this year were "Canadians are stupid." Quote Link to comment Share on other sites More sharing options...
jdobbin Posted October 10, 2008 Report Share Posted October 10, 2008 If you don't understand what the CMHC transfer today is, and that it doesn't cost a cent, and that it's not a bailout, I feel sorry for you. Just a little, though. The parroting of what the PM is saying is to be expected from followers of the Conservative party. Quote Link to comment Share on other sites More sharing options...
Jobu Posted October 10, 2008 Author Report Share Posted October 10, 2008 The parroting of what the PM is saying is to be expected from followers of the Conservative party. Actually, Harper explained it quite clearly. Weren't you watching? Quote Link to comment Share on other sites More sharing options...
Slim MacSquinty Posted October 10, 2008 Report Share Posted October 10, 2008 "The parroting of what the PM is saying is to be expected from followers of the Conservative party. " And baseless character assasinations are left's response. Quote Link to comment Share on other sites More sharing options...
jdobbin Posted October 10, 2008 Report Share Posted October 10, 2008 And baseless character assasinations are left's response. I was about to say thing for the right. Quote Link to comment Share on other sites More sharing options...
jdobbin Posted October 10, 2008 Report Share Posted October 10, 2008 Actually, Harper explained it quite clearly. Weren't you watching? I was. And the media expressed some doubt about that. Quote Link to comment Share on other sites More sharing options...
Jobu Posted October 10, 2008 Author Report Share Posted October 10, 2008 (edited) I was. And the media expressed some doubt about that. Not from that I saw. But I guess more to the point is, do you still not understand? Or is this just more baseless rhetoric? Edited October 10, 2008 by Jobu Quote Link to comment Share on other sites More sharing options...
M.Dancer Posted October 10, 2008 Report Share Posted October 10, 2008 The opposition may down play this but... “There's no poking holes in this report, as Canadian job gains were resoundingly impressive across the board and more than 10 times the pace expected by consensus,” commented economists at Bank of Nova Scotia. http://www.reportonbusiness.com/servlet/st...y/Business/home ....fact remains it is indicative of the strength of the economy and the need to manage it conservatively. Quote Link to comment Share on other sites More sharing options...
White Doors Posted October 10, 2008 Report Share Posted October 10, 2008 D'oh! Quote Link to comment Share on other sites More sharing options...
jdobbin Posted October 10, 2008 Report Share Posted October 10, 2008 Not from that I saw.But I guess more to the point is, do you still not understand? Or is this just more baseless rhetoric? I expect you saw what you wanted to see. Quote Link to comment Share on other sites More sharing options...
kengs333 Posted October 10, 2008 Report Share Posted October 10, 2008 Its excellent news. Lets hope that we can keep it up. It won't. Quote Link to comment Share on other sites More sharing options...
kengs333 Posted October 10, 2008 Report Share Posted October 10, 2008 (edited) This part is interesting: "This survey was conducted in the middle of September, just as the financial turmoil began to gather serious momentum, so even this relatively timely report may be largely viewed as old news," agreed Douglas Porter, an economist with Capital Markets. and... But almost all of this increase was in part-time work, representing 97,000 positions. So some kid starts working at Tim Hortons when dad just lost his job at John Deere a few months ago... Edited October 10, 2008 by kengs333 Quote Link to comment Share on other sites More sharing options...
AngusThermopyle Posted October 10, 2008 Report Share Posted October 10, 2008 (edited) I expect you saw what you wanted to see. You should try looking in a mirror when you say that. What am I thinking, you're a Liberal supporter, hypocrisy and willfull blindness is a hallmark of Liberal supporters, well, Liberals in general actually. Also, it doesn't state what kind of jobs we're talking about, what the pay is. So some kid starts working at Tim Hortons when dad just lost his job at John Deere a few months ago... You just keep fishin, you aint catching anything but keep trying anyway. Nice to see a post with zero substance and lots of mere speculation, opinion and fantasy instead. Who needs reality when the opposite is so much fun, right. Edited October 10, 2008 by AngusThermopyle Quote Link to comment Share on other sites More sharing options...
jdobbin Posted October 10, 2008 Report Share Posted October 10, 2008 You should try looking in a mirror when you say that.What am I thinking, you're a Liberal supporter, hypocrisy and willfull blindness is a hallmark of Liberal supporters, well, Liberals in general actually. And Tories resort to low gutter politics when they get angry which seems to be a lot of the time. Quote Link to comment Share on other sites More sharing options...
AngusThermopyle Posted October 10, 2008 Report Share Posted October 10, 2008 And Tories resort to low gutter politics when they get angry which seems to be a lot of the time. What gutter politics? You mean scary kitten eating gutter politics? Is that it? Just take your lumps like a man and quit with the boo hoo crap. Quote Link to comment Share on other sites More sharing options...
TOhasCLASS Posted October 10, 2008 Report Share Posted October 10, 2008 But almost all of this increase was in part-time work, representing 97,000 positions Hardly something to get excited about Quote Link to comment Share on other sites More sharing options...
Jobu Posted October 10, 2008 Author Report Share Posted October 10, 2008 But almost all of this increase was in part-time work, representing 97,000 positionsHardly something to get excited about Yet the singlemost impressive jobs report in over 30 years. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.