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Old 01-12-2014, 07:54 AM
 
36 posts, read 41,162 times
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It was announced the US unemployment rate is 6.7% while canada is at 6.9%, i have questions for everyone do you think the USA is lying, do you think the figures are different, will the numbers go down or go up for either of the countries? How about other countries like the UK, Sweden, France, Australia, Germany?
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Old 01-12-2014, 07:58 AM
 
Location: Victoria TX
42,554 posts, read 87,003,003 times
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Different countries have different definitions of their labor market. 6.7% of what, exactly?

Because of their climate, Canada has a very large number of seasonal workers, who cannot work in winter because of weather conditions, and it is assumed that they will be on seasonal unemployment during the winter months. For example, more than half of all US road construction workers can work all year, but none can in Canada.
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Old 01-12-2014, 08:13 AM
 
Location: Westminster, London
872 posts, read 1,385,880 times
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USA (Source)
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Old 01-12-2014, 09:41 AM
 
Location: Windsor, Ontario, Canada
11,222 posts, read 16,433,425 times
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As of December 1, 2013, Canada's unemployment rate was 7.2%, and 6.7% for the US on the same date.
CBC News - Unemployment statistics


jtur88 is correct, that our unemployment is calculated differently for seasonal work. Also, from wiki:

In Canada, 15-year-olds on surveys to represent the working age population are included in their calculations. In the United States, 15-year-olds are not included in the calculations but this does not play a large role in determining the gap in the unemployment rates. The crux of the matter is that flipping through the want-ads in a newspaper (or on the internet) gets people classified as unemployed in Canada, but not in the United States. A rise in the use of passive job search methods in Canada is important as an explanation for the difference. An analyst with the American Bureau of Labour Statistics stated that if the Canadian unemployment rate were adjusted to U.S. concepts it would be reduced by 1 percentage point.

List of Canadian provinces by unemployment rate - Wikipedia, the free encyclopedia
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Old 01-12-2014, 10:04 AM
 
6,467 posts, read 8,191,573 times
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3.3% in Norway as of December 2013.
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Old 01-12-2014, 11:09 AM
 
36 posts, read 41,162 times
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Quote:
Originally Posted by cmptrwlt View Post
3.3% in Norway as of December 2013.
Incredible, that country is doing wonderful in terms of economics and quality of life.
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Old 01-12-2014, 11:22 AM
 
Location: Vegas
1,782 posts, read 2,139,612 times
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It totally ignores the 93 million Americans out of work and no longer seeking employment!

Not exactly something for us to be proud of.

Nor does it include the millions who are under-employed and or working at temporary and part-time jobs.

Anything to get the liberals re-elected!

Last edited by Rozenn; 01-13-2014 at 09:54 AM.. Reason: Unnecessary
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Old 01-12-2014, 11:28 AM
 
Location: M I N N E S O T A
14,773 posts, read 21,507,739 times
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Quote:
Originally Posted by sargentodiaz View Post

Nor does it include the millions who are under-employed and or working at temporary and part-time jobs.
It doesn't include those because it is called the unemployment rate.
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Old 01-12-2014, 11:30 AM
 
Location: M I N N E S O T A
14,773 posts, read 21,507,739 times
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Quote:
Originally Posted by cmptrwlt View Post
3.3% in Norway as of December 2013.
0% in Monaco
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Old 01-12-2014, 11:39 AM
 
Location: Leeds, UK
22,112 posts, read 29,594,102 times
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Monaco doesn't count.
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