XPost: bc.politics, can.politics, ont.politics   
   From: ConsRCons@govt.cda   
      
   On 1/18/2014 2:21 PM, Alan Baker wrote:   
   > No. I proved it was HIGHER under the NDP, Karen.   
      
   No you didn't.  You proved it was LOWER under the NDP until the   
   recession hit.  And then the UNemployment numbers were huge right across   
   this country.  Especially under the right wing Mike Harris and Ernie   
   Eves governments.   
   _______________________________________   
   Bloomberg News | September 12, 2013   
      
   ‘It’s payback time’: Canada’s unemployment rate to exceed the U.S.’s   
   by   
   2014, survey says   
      
   Canada’s jobless rate will be higher than the U.S. in 2014 according to   
   a Bloomberg News economist survey, ending a five-year advantage touted   
   by policy makers as evidence of the country’s stronger economy.   
      
      
   Why is Canada’s jobs data on such a wild ride?   
      
   It’s getting harder and harder to put a finger on the pulse of Canada’s   
   labour market.   
      
   We witness the neck-wrenching twists and turns in monthly employment   
   numbers, and ask: Why is there so much volatility in this data?   
      
   Unemployment in Canada will average 7% next year according to the median   
   estimate in a survey with 15 responses gathered from Sept. 6 to Sept.   
   11, while a separate survey about the U.S. economy forecasts a 6.9%   
   jobless rate.   
      
   Canada’s employment growth this year is on track to be the slowest since   
   2001, outside of the last recession, as manufacturers and governments   
   fire workers to cut costs.  The U.S. is now tapping pent-up demand after   
   a much deeper slump while Canadian consumers curb record debts and   
   struggling exporters delay investments.   
      
      
   Canada was able to outperform the U.S. during the recession and the   
   recovery but now it’s payback time   
      
   “Canada was able to outperform the U.S. during the recession and the   
   recovery but now it’s payback time,” said Benjamin Tal, deputy chief   
   economist at Canadian Imperial Bank of Commerce in Toronto, by telephone.   
      
   Unemployment has been lower in Canada since October 2008 on a monthly   
   basis, according to figures from Statistics Canada and the U.S. Labor   
   Department. While the advantage was as large as 2.2 percentage points in   
   November 2010, it has narrowed to 0.2 points in August with Canada’s   
   rate at 7.1% and the U.S. at 7.3%.   
      
   Before 2008, the last time Canada had lower unemployment in any month   
   was August 1981, when Pierre Trudeau was prime minister and Ronald   
   Reagan was president.   
      
   “It is an important symbolic event if Canada’s unemployment rate exceeds   
   the U.S. rate,” said Erin Weir, an economist at the United Steelworkers   
   union in Toronto. “There has been this idea that Canada is dramatically   
   outperforming the U.S. and we may well be seeing the end of that.”   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)