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71,200 jobs last month

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  • #16
    ^The number you are citing is not an actual count of jobs lost or gained in a particular month compared to the month before. It is based on a representative sample of 53,000 Canadian households including 4,500 Alberta households and 966 Edmonton households. See page 82 here: https://www150.statcan.gc.ca/n1/en/p...df?st=BPUi82V4

    Like any survey, the labour force survey is subject to sampling errors and that's why there are significant month to month fluctuations. There were likely not 71,200 actual jobs lost last month just as there were likely not 106,500 actual jobs created in April 2019 for instance.

    While the media likes to focus on the monthly numbers, when it comes to the labour force survey, it is better to focus on the longer term trends.

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    • #17
      In other words we are being fed a crock of ****, what else is new.
      Just enjoying another day in paradise.

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      • #18
        Originally posted by East McCauley View Post
        Despite the November 2019 numbers, Canada is still up 293,000 net jobs compared to the same month one year earlier. So the national picture is still fairly bright.

        Meanwhile, Alberta is down 18,200 jobs year over year. Taking more purchasing power out of the economy by cutting public sector and renewable energy jobs is particularly ill-timed when other sectors like oil and gas, forestry and agriculture continue to struggle.
        Wonder how many of those Canadian jobs are part time now, or less wages than before.

        Funny how when private enterprise has been bleeding jobs the last 4 years, the rhetoric from the left has been, "Ah, that's tough, but let's face it, they're in industries that are polluting the earth. They need to suck it up and go out and get retraining or simply create other jobs in renewable energy or anything else." Meanwhile, the public sector grew in leaps and bounds every year, never having to face any wage cuts or job losses, while the debt ballooned, reducing our credit rating, and removing a good chunk of our taxes just to pay off debt interest.

        Now that the shoe is expanded to the other foot, and the inevitable cuts have to come as reality hits home, the whining is exponential, as the knife goes the other way.

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        • #19
          As always - it's important to not look at one month of data and make assumptions. Employment overall has continued to grow significantly in recent years (including 293k more than November 201.

          This is an excellent graph showing the past 5 years:
          https://www150.statcan.gc.ca/n1/dail...g-a001-eng.htm

          Data is a wonderful thing - and many like to grab a headline and look at it out of context. But the truth is the employment numbers continue to grow overall.

          Originally posted by Stoneman View Post
          Wonder how many of those Canadian jobs are part time now, or less wages than before.
          https://www150.statcan.gc.ca/n1/dail.../t011a-eng.htm

          Interestingly enough the Stats Canada article talks about that - it indicates most of the new jobs have been full time. It looks like average hourly wages are up too although I didn't compare every category.

          I think the only concerning item for me is that year over year, private sector employment is only up 1.2% while public sector employment is up 3.0%. I think it would be nice is the numbers were reversed and private sector was up 3.0%.
          Last edited by christopherj; 08-12-2019, 11:55 AM.

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          • #20
            I wonder if the growing population is factored as we approach 38 million. https://www150.statcan.gc.ca/n1/pub/...018005-eng.htm
            Just enjoying another day in paradise.

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            • #21
              ^The answer is yes. In the case of the Labour Force Survey, the population 15 years and older is updated every month with each new data release.

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              • #22
                JT and co- their economic update sucks, bloody idiots
                Animals are my passion.

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                • #23
                  So what is your solution? We would all like to hear your detailed plans to fix the economy.
                  Advocating a better Edmonton through effective, efficient and economical transit.

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                  • #24
                    Originally posted by H.L. View Post
                    JT and co- their economic update sucks, bloody idiots
                    Most of those jobs losses seem to be in Conservative-led provinces.... hrmmm... and year over year, employment levels keep rising...
                    A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices.

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                    • #25
                      Originally posted by Medwards View Post

                      Most of those jobs losses seem to be in Conservative-led provinces.... hrmmm... and year over year, employment levels keep rising...
                      Bullcrap. They were all over! Keep up, your view is often so myopic
                      Animals are my passion.

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                      • #26
                        Originally posted by H.L. View Post

                        Bullcrap. They were all over! Keep up, your view is often so myopic
                        Pot calling the kettle black....

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                        • #27
                          Originally posted by H.L. View Post

                          Bullcrap. They were all over! Keep up, your view is often so myopic
                          Just because something doesn't fit your worldview doesn't make it not true. An overall month-over-month loss doesn't negate the year-over-year gains we've had, which are a much better indicator of how employments is doing anyways.

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                          • #28
                            Originally posted by seamusmcduffs View Post

                            Just because something doesn't fit your worldview doesn't make it not true. An overall month-over-month loss doesn't negate the year-over-year gains we've had, which are a much better indicator of how employments is doing anyways.
                            Back atcha!
                            Animals are my passion.

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                            • #29
                              H.L., we are all waiting to hear your detailed plans to fix the economy since you think that JT is an *****.
                              Advocating a better Edmonton through effective, efficient and economical transit.

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                              • #30
                                You don't need to ask, She's been quite clear about it. Simply vote for the guy who liked about being an insurance broker and had a secret deal for the CPC to pay to send his kids to private school.

                                Toss in some big tax breaks to multi-nationals and you've got the Conservative plan in a nutshell.

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