Low Gas Prices puts Inflation at 2.0% In November
Uncover why lower gas prices in November 2014 lowered the inflation rate to 2.0% in Canada with our helpful graph. See how wild gas prices have been and the potential effects of inflation.
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Stats Canada
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 Creeps Up for November 2014
Unemployment in Canada rose to 6.6% in November 2014 – Stats Canada’s Labour Force Survey. Learn more about the dip in employment and how it affects older folk here.
Inflation Stays High Despite Lower Gas in October
Uncovering the truth about inflation in October 2014: Stats Canada’s report on the Consumer Price Index reveals hikes in shelter & food costs, plus natural gas & electricity rates.
Unemployment is like it is 2008 Again
On Friday Stats Canada came out with another happier Jobs Report, reporting that Employment Numbers up and the Unemployment rate down to where it was in 2008 (before all the economic silliness of the past few years). Their exact statement was:
Employment rose for the second consecutive month, up 43,000 in October. This pushed the unemployment rate down 0.3 percentage points to 6.5%, the lowest rate since November 2008.
Quite cheery numbers given it does not seem like we are in an extensive recovery, but these numbers suggest that at least we are back to where we were in terms of unemployment (if you believe those numbers, that is).
The unemployment graph looks quite encouraging:
The more interesting numbers are in the detailed sections, where Stats Can points out:
Compared with October 2013, part-time employment rose by 101,000 (+3.0%) and full-time employment was up 81,000 (+0.6%). Over the same period, the number of hours worked rose slightly (+0.4%).
So the economy continues to grow part-time jobs, how many of our young folks are working multiple part-time jobs to be able to live? That would be a very interesting stat, but the number of hours worked rose so that hints that there are more hours being worked at least.
Read More »Unemployment is like it is 2008 Again
Good Job Picture for Sept 2014 in Canada
Unemployment rate dropped 2/10 of a percent as Stats Canada published news for Canadian Economy with 74000 more employed in September 2014. Employment for the past while looks to be more optimistic. Youth employment increased for the economy. For September 2014.
