Unemployment Up in February in Canada
Unemployment up in February 2015 which was not good news at the time. Things got better but as usual they also then got worse.
Stats Canada has a large amount of great reports not just about the Canadian economy but about Canadian consumers and they are well worth reading.
Unemployment up in February 2015 which was not good news at the time. Things got better but as usual they also then got worse.
The consumer price index for January in 2015 was fairly low, but no one knew the excitement that was going to come soon.
According to Statistics Canada, the country’s employment saw an increase of 35,000 jobs, predominantly part-time, causing concerns over worker benefits and job security. Over the past 12 months, employment rose by 0.7% with majority of the growth happening in the second half. In January, part-time employment spiked by 47,000 while full-time saw no significant changes. This trend of rising employment, driven mainly by part-time roles, has been prevalent for the last five years. The growth was largely attributed to women aged 55 and over, suggesting older employees are increasingly filling part-time job vacancies.
As I assumed the inflation numbers for the December 2014 have gone completely squirrelyâ„¢ (my new term for numbers manipulated to create a false sense of security) thanks to plummeting gas prices
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