Originally Posted by South Jersey Man
Can anyone explain to me what Canada has been doing that WE need to take lessons from with their unemployment rate that has been going down steadily beginning with it's initial decline as of September of 2009. I would think the USA would want to check out what our neighbors are doing right and take some pointers. The current rate is 7.9% from it's not too long ago rate of 8.7%.
Check out this webpage and scroll to the diagram showing the last 2.5 yrs.
Canada Unemployment Rate
After researching a bit further the picture although looking
better for Canada may not be as rosy as it may appear:
One fact is that hours worked among all workers dropped — meaning that, on average, less work was divided among more people. Also, jobs that were created in June were mostly in the service industry
, the majority in retail and wholesale trade.
A top economist suggests that the country's political leadership has turned away
from the manufacturing sector. "They think it's a smoke stack industry of the past."
Apparently the future Canadian economy
will be found in two separate categories in the service industry.
category includes high-skilled, high-paid, creative, management and analytical jobs. The second
covers the low-paid
Didn't want to leave that dangling so I answered my own question.