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Canadian Unemployment Numbers
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Canadian Unemployment Numbers

While millions of families and people in the United States have been suffering for the past few years, Canada has felt much of our pain as well. They are so closely tied to the United States economy that theirs has also been quite sluggish over the past few years. However, this quarter the Canadian employment numbers have looked a lot stronger than those in the country just south of them. The rate of unemployment in Canada has dropped from 7.3% to 7.2%, which is great for a country that neighbors a wounded, lumbering giant.

Increase in Employed Workers

Many of the factories in Canada have begun to increase their output over the past few months, which has greatly changed their unemployment numbers. Rather than stalling like the United States, Canada is well on it’s way to turning their recovery around. In April there were a total of 140,000 jobs created, but many of these jobs were part-time. This has brought a number of questions for data analysts, but the fact remains that Canada’s economy is on the right track.

Additionally, there was good news in both the public and the private sectors. The private sector increased the number of jobs that were given by at least 7,000 during the month. As well, the public sector hired a few thousand as well. The fact that the public sector is adding fewer jobs than the private shows that they have taken some measure to restrict the size of the government.

Who is Rejoicing?

There are many people who are happy to see the Canadian numbers going higher. Obviously Canadian workers are more than happy to see that they can actually find a job easier now than they have in the past. This is good news for a country that has dealt with many of the same problems that the United States has over the past few years. Knowing that job growth is occurring may help other companies to start investing in employees of their own.

Americans can only hope the same job numbers will be in store for the next month. June has already proven to be a very poor month, but hopefully we are right behind the Canadians. There are so many poor people struggling, that it would be good to get some additional jobs. For Americans who have taken on so much debt to survive it can be a daunting task to get back on track. For those who have taken on payday loans there is hope. Payday debt loan relief is available for many of these creditors, but eliminating payday loan debt is not an easy task for everyone.


Street Talk

I'm glad the Canadian employment numbers are increasing. I only hope the USA's numbers can start turning around. Unfortunately, the true numbers are much worse than reported. Good article

Reply
  about 1 decade ago

Surprising numbers. Pinned

Reply
  about 1 decade ago

They sure are!

Reply
  about 1 decade ago
Joan S  

I look forward to everybody's economic recovery. It's not just job loss, but also industry loss. Entire industries have been blighted. Companies employ executives, workers, and the creative folks. The first ones to go seem to be the creatives, and then, a portion of the workers. In order to have a full recovery, there has to be a suitable place for everyone. Very happy to hear that Canada is showing signs of recovery.

Reply
  about 1 decade ago
AnnMarie  

Same thing happening in the public schools, Joan. Cutbacks mean the creative classes are the first to go but never the sports programs. People here are up in arms about the schools cutting the arts classes and those teachers are suffering as well.

Reply
  about 1 decade ago
Joan S  

I've heard that AnnMarie. They underestimate the value of the graphic and performing arts in the schools. An art program teaches kids to think out of the box. It's not just to make pretty pictures, though what's wrong with that? Looks like we're being dumbed down.

  
  about 1 decade ago

Not to mention all the companies moving their operations out of the country. There are definitely signals of recovery though which is hopefully going to get us back on track soon.

Reply
  about 1 decade ago
Joan S  

"Back on track soon" I love those words!

  
  about 1 decade ago

So do I!

  
  about 1 decade ago

The canadian people appears to be doing very well, according to my sources in the real estate business, canadian are investing heavily in florida and the caribbean.

Reply
  about 1 decade ago

Are they really? I can see why investing in real estate in the Caribbean. I wouldn't mine investing in some property in St. Lucia.

Reply
  about 1 decade ago

Happy to hear...for the Canadian people...hope the employment will continue to rise. And for the Americans,too!

Reply
  about 1 decade ago

I sure hope so too! Thanks for your comment!

Reply
  about 1 decade ago

Wow, that is good! Do you want to know the number of unemployed people in Greece? (that's where I came from, my husband and I had to move because of the economic crisis, we live in Germany now) I'll give you the official number only : 21,4%. But the reality is much much worse...

Reply
  about 1 decade ago

That's a horrifying number Maria. I can't imagine that many people out of work. What is it like in Germany? Do you know?

Reply
  about 1 decade ago

Things here are totally different. There is an increasing request for people, there are many jobs here. Germany is having lots of benefits from the economic crisis, as the strongest european country.

  
  about 1 decade ago

Thats good news for Germany. I would love to visit there someday.

  
  about 1 decade ago

Any time. We'll expecting you

  
  about 1 decade ago
AnnMarie  

Seeing Canada's employment numbers heading in the right direction gives me hope for the US. Many of our citizens (in the US) are not collecting on unemployment but are nonetheless unemployed so the number of actual unemployed is higher than reported.

Reply
  about 1 decade ago

Good point AnnMarie, the numbers are usually a bit higher than reported.

Reply
  about 1 decade ago
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