While the population may grow by 240,000, the workforce doesn't grow by 240,000. The rule of thumb is that the US needs about 150,000 new jobs each month to absorb growth in the workforce. However, the US is somewhat unique in that the growth in the workforce is tied to immigration, which may increase or decrease, as conditions in the labor markets fluctuate. For instance, fewer immigrants might come, if companies aren't creating enough jobs for them.
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I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
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Originally posted by Pekka
yeah net was the word I was looking for.. damn my english gets worse by the day!
In THAT case, awesome figure
Employment as a percentage of the available labour force is still well down in the US.
180 000 a month is just above treading water, and is not particularly large.
There have been months in the last 2 years when the Canadian economy added 130 000+ jobs, despite being 1/9 the size12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Oh, and we didn't go through a recession first either...12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Canada has higher unemployment than the US, on the other hand...I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
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Originally posted by KrazyHorse
Not particularly. 150 000 a month are needed just to keep pace with population growth.
Employment as a percentage of the available labour force is still well down in the US.
180 000 a month is just above treading water, and is not particularly large.
There have been months in the last 2 years when the Canadian economy added 130 000+ jobs, despite being 1/9 the size"The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "
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I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
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Originally posted by DanS
Canada has higher unemployment than the US, on the other hand...
Our employment rate is higher than yours.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
Comment
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Originally posted by DanS
Canada has higher unemployment than the US, on the other hand...
Both Canada and the US measure employment, unemployment and labour force
participation using concepts and surveys (the monthly Labour Force Survey (LFS) and
Current Population Survey (CPS) respectively) that are very similar. Indeed, for many
years analysts and statistical agencies in both countries treated any differences in
recorded unemployment as reflecting behavioural differences rather than differences in
the definitions of labour force status.2 However, detailed comparisons of the LFS and
CPS questionnaires and associated definitions revealed a number of differences in the way similar concepts are implemented in the two countries (Zagorsky, 1996; Statistics
Canada, 1998). Perhaps surprisingly, these apparently small differences are quantitatively
important. As a consequence, Statistics Canada now reports on a regular basis the
Canadian unemployment rate measured using US concepts.
The bottom line in Figure 1 shows the contribution of measurement differences to
the unemployment rate gap over the 1976 - 2002 period. This "differences in concepts"
component shows the effect of adjusting Canada's official unemployment rate so that it is
measured in a comparable manner to the official US rate. The importance of this
adjustment has evidently grown over time. In the late 1970s, the use of US concepts
lowered Canada's unemployment rate by approximately 0.2 percentage points. In
contrast, this adjustment lowered the Canadian rate by 0.4 to 0.5 points in the 1980s and
0.6 to 0.8 percentage points during the 1990s. At present one needs to reduce the official
Canadian rate by 0.7 to 0.9 percentage points to make it comparable to the US measure."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "
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Much higher? As I recall the numbers, that's an exaggeration.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
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uh oh
the five economic no ons of bush
1 - Deficit spending; reduces the Feds policy and reduces its effects
2- Deficit spending; increases our trade deficit, further mortgaging our future
3 - Tax cuts for the rich; leads to deficit spending
4 - Deficit spending - crowds the **** outta investment and the private sector
5 - Deficit spending - reduces national and public savings"Everything for the State, nothing against the State, nothing outside the State" - Benito Mussolini
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Originally posted by DanS
Much higher? As I recall the numbers, that's an exaggeration.
we have one of the highest participation rates in the world12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Canada is 67.2% participation in June 2005...US is 66% in June 2005."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "
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