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Old 03-13-2009, 10:43 PM
 
Location: Moose Jaw, in between the Moose's butt and nose.
4,969 posts, read 7,323,807 times
Reputation: 1721

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Thanks Bush, for your lack of regulations that helped outsourcing and the financial mess that screwed up credit for employers. Unreal.
The latest US rate is 8.1%
I wonder if, in Canada, they include PT workers, that used to be full time.
Historically, the rate has been higher in Canada 90-100% of the time, than in America.
Sign of the times.
February jobless rate rises to 7.7%
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Old 03-14-2009, 12:38 AM
 
Location: Calgary, AB
482 posts, read 2,160,197 times
Reputation: 330
Quote:
Originally Posted by beenhereandthere View Post
Thanks Bush, for your lack of regulations that helped outsourcing and the financial mess that screwed up credit for employers. Unreal.
The latest US rate is 8.1%
I wonder if, in Canada, they include PT workers, that used to be full time.
Historically, the rate has been higher in Canada 90-100% of the time, than in America.
Sign of the times.
February jobless rate rises to 7.7%
From what I learning in Econ class back in university, unemployment rates are measured differently in the US and Canada.

You can follow trends using unemployment rates but its not a good yardstick for making comparisons.
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Old 03-14-2009, 09:45 AM
 
25 posts, read 64,569 times
Reputation: 22
Quote:
Originally Posted by ajau View Post
From what I learning in Econ class back in university, unemployment rates are measured differently in the US and Canada.

You can follow trends using unemployment rates but its not a good yardstick for making comparisons.
I read that if Canada were to adopt the US standards for measuring unemployment, it would be approximately 1% lower (ie. 6.7%). Am I wrong?
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Old 03-14-2009, 10:10 AM
 
Location: Calgary, AB
482 posts, read 2,160,197 times
Reputation: 330
Quote:
Originally Posted by souldive View Post
I read that if Canada were to adopt the US standards for measuring unemployment, it would be approximately 1% lower (ie. 6.7%). Am I wrong?
That's the general consensus, anyone care to comment?
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Old 03-15-2009, 06:36 PM
 
Location: toronto, Canada
772 posts, read 1,092,345 times
Reputation: 283
TD predicts Canadian unemployment rate to hit 10%.
reportonbusiness.com: TD predicts 10% unemployment rate (http://business.theglobeandmail.com/servlet/story/RTGAM.20090312.wtdforecast0312/BNStory/Business/home - broken link)
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