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Article #157Re: Canada posts surprise gain in employment.
From: penny
Date: Sat, 05 Sep 2009 05:45
Date: Sat, 05 Sep 2009 05:45
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On Fri, 04 Sep 2009 08:30:21 -0700, abc <abc@123.cl> wrote: > >Canada posts surprise gain in employment > > >September 4, 2009 > >A Service Canada location in Toronto. Statistics Canada said Friday >that Canada created 27,000 jobs in August, but due to a rise in job >seekers, the employment rate rose 0.1% to 8.7% > >Statistics Canada said Friday that 27,100 positions were added during >the month, compared with 44,500 losses in July. The unemployment rate >edged up to 8.7% in August from 8.6% the previous month. > >The gains were led by part-time and private-sector employment, the >federal agency said. There were 30,600 part-time jobs added in August, >while 3,500 full-time positions were lost. Hardest hit was the >manufacturing sector, which shed another 17,300 in August. The biggest >gains were in the retail and wholesale trade, up 21,200, and finance >and real estate, up 17,500. > > >While we can quibble about the details, the broader picture here is >that the labour market is stabilizing, and apparently much faster than >in the U.S. (The U.S. Labor Department said Friday that 216,000 jobs >were lost in August, although that was less than analysts had >expected.) Why do you believe such nonsense that the "labour market is stabilizing", when most of the new jobs were part-time . Since the recession began hundreds of thousands of full -time jobs have been lost. More and more workers are working two part-time jobs instead of one full-time job, and putting in more hours for less money and less benefits. Tell me, what is "stable" about part-time jobs replacing full-time ones. !!!!! Penny
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