Job Numbers For November Sunny for U.S. But Not for Canada

U.S. Added 203,000 Jobs in November But Canada's Rate Remains Same

Some impressive job creation numbers out of Washington in the last half hour.  The same cannot be said for Ottawa.

Here in Canada, an extra 22,000 jobs were created in November but 20,000 of those jobs are part-time only a handful of full-time jobs.   The rate of unemployment remains at 6.9 percent.

South of the border the American economy added 203,000 jobs in November.  That's 23,000 more than economists had predicted. The jobless rate is at 7 percent which is the lowest rate in five years.

This better than expected job growth in the U.S. sets the stage for a possible move next week by the Federal Reserve Board to ease up on its economic stimulus.   Stock markets have been quite uncertain because of this possibility because it could lead to higher interest rates.  That runs the risk of putting a drag on the economy at a time when it is finally starting to roll.

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  1. Only Common Sense posted on 12/06/2013 09:14 AM
    The Harper One-Man-Band makes headlines again by "helping" the private sector create a most unimpressive 20,000 part-time jobs at minimum wage without benefits and another 2000 full-time (most of which are contract positions also with no benefits).

    "Right-to-Work" is being slipped in the back door, Canada.
    The retirement of Stephen Harper and his mismanagement can't come too soon.
    1. Frankie posted on 12/06/2013 11:05 AM
      @Only Common Sense you must be a civil servant that is basking in the luxury of the overpaid underworked. Under your scenario the government should do all the hiring or perhaps force companies to hire irrespective of whether they can afford it or not.

      Perhaps N. Korea is more to your liking. There's no unemployment there, no such thing as a private sector nor profit.

      Have a safe flight!
  2. john posted on 12/06/2013 10:52 AM
    bitch please that was bought in by the liberals when they were in power before Harper came in . plus the fact the liberals in this province are f ing things up . this province used to be the engine of this country's economy till the liberals $$# that up .
    1. Only Common Sense posted on 12/06/2013 11:29 AM
      @john Sorry, john, you are wrong as usual. This "part-time with no benefits" hell began with "Lyin' Brian".
      Do some reading before you show yourself to be so uninformed.
  3. john posted on 12/06/2013 11:37 AM
    hmm i tough i herd something i think it was somebody talking . naaa must be the coffee .
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