Posted on: 12-04-12 20:48:59
An article with interesting technical data http://www.canada.com/business/Canada+gains+blow+past+forecasts/6415542/story.html" target="_blank">LINK
Canada's job gains blow past forecasts
OTTAWA — Canada’s economy churned out a surprisingly robust 82,300 jobs in March, the biggest jump in more than three years, knocking the unemployment rate down to 7.2% for the first time since September 2011.
The jump in employment last month was the biggest since September 2008, led by full-time and private-sector hiring. That followed a loss of 2,800 positions in February, which had pushed the jobless rate to 7.4%
Quote:
Originally posted by tamilkuravan
Sorry to hear the news.
Indian economy is going great guns, but please donot come to India and spoil the place.
peace
>> You left Canada more than a year back and looks like you have great interest in Canada, this place must be having a special place in your heart
Quote:
Originally posted by ashedfc
Quote:
Originally posted by chekram_04
Canada's job gains blow past forecasts
which had pushed the jobless rate to 7.4%
So, you trust Govt. data...
Govt is not lying "True", but they are misrepresenting data.
For example: I know a guy who was making $126000 at the Federal Govt. He was laid off, & now he is working for $42000. Is this real employment, in one way yes), his laying off hasn't affected employment data... but he is far under-employed, to his capacity.
There are several examples likes this; there are plenty of low-paying jobs, which can't even take care of family's monthly expenses: from jobs data prespective, the person is employed, but still he can't pay his bills... thats where the weakness is.
100% True.
Living standard is getting down in Canada. People are piling more and more debt.
Unless there is an open competition in businesses, things will never change. Corporates monopoly has to go away.
IMO, we are entering in deep recession now,
I am working automobile dealership and compnay has started to give lay off and cutting off our hours from next week.
Thank God is Friday.........:-)
Quote:
Originally posted by ashedfc
Quote:
Originally posted by chekram_04
Canada's job gains blow past forecasts
which had pushed the jobless rate to 7.4%
So, you trust Govt. data...
Govt is not lying "True", but they are misrepresenting data.
For example: I know a guy who was making $126000 at the Federal Govt. He was laid off, & now he is working for $42000. Is this real employment, in one way yes), his laying off hasn't affected employment data... but he is far under-employed, to his capacity.
There are several examples likes this; there are plenty of low-paying jobs, which can't even take care of family's monthly expenses: from jobs data prespective, the person is employed, but still he can't pay his bills... thats where the weakness is.
I see such cases differently. He was getting 126k out of tax payer money. If he really have skills in demand . He can get job for similar salary anywhere in canada or US. I gave myself 3 months when I enter Canada to get job at certain level. Else I would have move back to UK or India. Real economy moves when jobs pays for itself. I give current govt full marks on trying /putting effort in removing red tape . I am sorry if people get hurt by my comments. The public sector jobs salary in canada is higher than anywhere in world.
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infocan
Quote:
Originally posted by RBO
IMO, we are entering in deep recession now,
I am working automobile dealership and compnay has started to give lay off and cutting off our hours from next week.
Thank God is Friday.........:-)
That's strange because I know somebody who works in another dealership who was mentioning that business couldnt be better ; It's a matter of perspective
You guys believing the Car Sales persons. In this profession, they have to speak so much that even the sales person doesn’t know what he/she promised. The profession is one of most non-trusted profession. They are expert in moving the caps (Topi).
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A Delhite in Toronto
