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Statistics Canada failing to tell whole story about Canada’s job market, CLC says
Canadian Press ^ | March 6, 2014 | Julian Beltrame

Posted on 03/06/2014 9:41:28 AM PST by george76

The Canadian Labour Congress is asking Statistics Canada to change the way it reports on unemployment, saying a more fulsome analysis of the data it collects would paint a very different picture of the country’s labour market.

...

The biggest omission, says the CLC, is the category economists call “underemployment,” which captures part-time workers who want to be full time, along with the involuntary self-employed and other underutilized workers.

...

The most telling number is that the employment rate — the number working as a percentage of the total in the age group — is down to 54.5% from about 60% in 2008

(Excerpt) Read more at business.financialpost.com ...


TOPICS: Business/Economy; Canada; Extended News; Foreign Affairs; News/Current Events
KEYWORDS: jobs; underemployment; unemployment

1 posted on 03/06/2014 9:41:28 AM PST by george76
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To: george76

Looks like they are going for a new “Fudge factor”.


2 posted on 03/06/2014 9:46:04 AM PST by Revel
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To: george76

Statistics Canada failing to tell whole story about Canada’s job market, Communist Labour Congress says

THERE, fixed it !


3 posted on 03/06/2014 9:52:43 AM PST by Para-Ord.45 (Americans, happy in tutelage by the reflection that they have chosen their own dictators.)
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To: george76

“fulsome”

Never heard that word before. But I don’t speak Canadian either, so.


4 posted on 03/06/2014 9:58:46 AM PST by FAA
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To: FAA

The word’s been around for quite a while — but, it doesn’t mean what the writer thinks it means. Apparently, the writer doesn’t speak Canadian either.


5 posted on 03/06/2014 10:12:07 AM PST by USFRIENDINVICTORIA
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To: FAA

“fulsome”

A place where time keeps draggin’ on.


6 posted on 03/06/2014 10:25:07 AM PST by beelzepug (if any alphabets are watchin', I'll be coming home right after the meetin')
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To: george76
Yes, it's done much the way that it's done in the U.S. There are a couple of other interesting articles about the upside linked at the Post page. Canada does produce more, relative to the size of its population, and exports much more to the U.S. than it imports from the U.S.

Outlook for Canadian factories improving, consumers still spending
http://business.financialpost.com/2014/03/03/outlook-for-canadian-factories-improving-consumers-still-spending/

Outlook for Canadian factories improving, consumers still spending
http://business.financialpost.com/2014/02/28/canada-gdp-surges-2-9-in-final-quarter-blowing-past-expectations/


7 posted on 03/06/2014 11:55:16 AM PST by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: george76
Oops. Little correction here.

Outlook for Canadian factories improving, consumers still spending
http://business.financialpost.com/2014/03/03/outlook-for-canadian-factories-improving-consumers-still-spending/

Canadian economy ends year with a bang as growth blows past expectations
http://business.financialpost.com/2014/02/28/canada-gdp-surges-2-9-in-final-quarter-blowing-past-expectations/


8 posted on 03/06/2014 11:56:50 AM PST by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: george76
Of course, these are very likely the same statistical metrics used as when the left was in power.

They just can't stand the improvement.

9 posted on 03/10/2014 7:04:22 PM PDT by Carry_Okie (ObamaCare: Make them pay; do not delay.)
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