XPost: can.politics, bc.politics, ont.politics   
   XPost: ab.politics, man.politics, sk.politics   
   From: "@nyet.ca   
      
   They were in much deeper recession and unemployment problems than Canada   
   was in 2008.  And now look at which country has pulled out of it with   
   more strength.   
   Harper, you need to take some lesson from the President.  Not the   
   Republicans.   
   ____________________________________________________   
   Financial Post - June 6, 2014   
      
   Why the U.S. recouping jobs lost in recession, is also good news for Canada   
      
      
   OTTAWA — While Canada’s engine for job creation is sputtering, take some   
   solace in the fact that U.S. employment growth is gaining traction.   
      
      
   In May, what we got was 25,800 new jobs — after all the gains and losses   
   are tallied up — and that’s a big swing back from April’s net loss of   
   28,900 positions, according a Statistics Canada report on Friday.   
      
   Still, the unemployment increased to 7% in May from 6.9% a month   
   earlier, the federal agency said. But that’s usually a sign that more   
   people are feeling better about their chances of landing a job and are   
   out looking for one.   
   [. . . ]   
   In the U.S., meanwhile, employers added 217,000 positions in May —   
   lifting job growth past the pre-recession peak for the first time,   
   reclaiming the 8.7-million jobs lost since the downturn struck in 2008.   
      
   Their unemployment gauge remained at 6.3% in May, the lowest level in   
   more than five years.   
      
   “The U.S. economy is going to hit its stride over the next year and a   
   half, and that will help Canada,” said Douglas Porter, chief economist   
   BMO Capital Markets.   
      
   “Europe is gradually becoming less of a negative for the global economy,   
   but the emerging markets still have all kinds of question marks   
   surrounding them,” he noted.   
   “Ultimately, it is still how the United States economy fares that’s   
   largely going to determine our fate in the next year.”   
      
   But backing up a bit, Canada’s recovery has not been without its own   
   milestones.   
      
   True, the U.S. retraced all its recession-driven job losses last month.   
     Canada, on the other had, accomplished the same task much earlier — in   
   July 2009, clawing back 431,300 lost positions —admittedly a smaller   
   pool to draw from and a shorter downturn than in the U.S.   
      
   But our employment path has been neither straight nor predictable.   
   [. . . ]   
      
   In its report on Friday, Statistics Canada said the economy gained   
   41,500 public employees in May, compared with 24,700 in the private sector.   
      
   Overall, the majority of those additional workers, 54,900, were   
   part-time — many of those traditionally being students straight out of   
   school —   
   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^   
   while full-time employment fell by 29,100, the agency said.   
   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^   
      
   Most new hires were in Alberta, with the biggest declines coming   
   Newfoundland and Labrador.   
      
   “Troubling is the fact that almost all those gains have been in Alberta.   
   The rest of country is effectively seeing no job growth,” said BMO’s Mr.   
   Porter.   
      
   By industry, educational services added 22,00 more jobs, accommodation   
   and food operators gained 20,000 positions, and the agriculture sector   
   rose by 19,000.   
      
   Meanwhile, the number of people working in the natural resources sector   
   fell by 23,000, “bringing employment in the industry back to about the   
   same level as in May 2013,” Statistics Canada   
   said.^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^   
      
   Construction jobs increased by 4,500 last month, while the manufacturing   
   sector lost 12,200 positions.   
   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^   
   ^^^^^^^^^^^^^^^^^^^^   
      
   “Even though the details of the Canadian report are a bit tough to   
   swallow, on balance we had a bit of good news [on Friday] because the   
   U.S. numbers were as advertised,” Mr. Porter said.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)