Canada lost 70,000 jobs last month

[burnt]

Chuck, this site has been full of negative news and negativity lately , It's kind of depressing after a while. So thank you for injecting a dose of humor just morning, And liking the post where SF3 tells you you're not very smart. Your comedic timing and presentation is impeccable today.


I have long suspected that you thought you had a sense of humor, Since you add LOL to the end of nearly every post. But I didn't get any of the jokes until now, please continue to show your lighter side, it is a pleasant change.

Ow, he gonna need more than just ice with that cuz he's more than toast; he's worse than burnt...

LOL!

[farmaholic]

Went looking for a microwave in Regina today, Lowe's on north Albert is closing. Sign of the times? Building and Reno boom over? Some big retail spaces empty too yet there is still some new commercial building happening....could never figure that out. Some Sears locations closed(furniture store and outlet store), Eaton's gone, Costco building empty, Alford's floors and interiors closed.

What's killing local retail? Internet shopping and Amazon's, Alibaba, etc.

Where does everyone work? Tim Horton's and the Health Regions?

Could be some interesting times ahead for some people. Kids may never get out of their parent's house.

[GALAXIE500]

I agree with Errol we either have to get people back to real work and real jobs or the January numbers are going to hit 100000. Saskatchewan companies are going to start layoffs in AG sector jobs come January. Watch.
Salesmen, mechanics, parts men etc. Grain reps crop reps etc.

Oil gas and mining will also add to that number. But the trades and suppliers are going to have to lose some people to keep afloat and that also will be January.

Sunny ways and gay parades don't work for a healthy working country.

Trudeau is a failure of epic proportions and will go down as the most useless PM in all of Canadian history.

Chuck and grass any comment or are you realizing Trudeau is a Cancer that is killing Canada.

It is my opinion that Trudeau is a cancer that is being PAID to kill Canada.

[chuckChuck]

Texas oil patch is now in a major downturn . . . . Texas rigs down 15% over past 10 months. About 10,000 jobs recently lost. Houston is Calgary’s sister city in the oil industry. In fact, Boon Pickens once worked in Calgary.

Houston downtown office vacancy is now a staggering 26%. Calgary’s downtown is much larger than Houston’s with our vacancy still hovering near 30%, but the similarities are there.

It’s quite hard to believe the rockstar 266,000 U.S. job creation in November reported yesterday, when manufacturing and oil is in a sharp slowdown stateside. These new jobs are likely low paying. But the stock market fed on it like parana’s yesterday . . . .

Thanks Errol. Its good to have the global and North American perspective on what is happening.

[Oliver88]

Maybe Errol can explain why Canadians are going to Texas this winter to work if it's as bad as he says. Why in ND it's booming and yet north in Saskatchewan it's not.

Chuck your a socialist from day one. You loved the CWB in all its corruption. That says a lot about you.

lost 70000 jobs

Gained 266000 jobs.

Yea Trudeau is a genius.

It’s still amazing how all the negative numbers are pouring out now that the election is over.

[chuckChuck]

Why would the Canadian Election have a negative impact on oil jobs in texas?

[SASKFARMER]

Ok, chuck your so smart.

Explain Trudeau is now the gov for the last 4 plus years.

If Canada is doing so good why the loss of 70000 jobs in one month.

And explain why the USA if like the CBC and you say is doing so poor gained 266000 new jobs again.

I'm really interested in your take.

Please show us.

[dmlfarmer]

Ok, chuck your so smart.

Explain Trudeau is now the gov for the last 4 plus years.

If Canada is doing so good why the loss of 70000 jobs in one month.

And explain why the USA if like the CBC and you say is doing so poor gained 266000 new jobs again.

I'm really interested in your take.

Please show us.

How come everyone here is ignoring the fact that Trump has basically bought those jobs with massive increases in debt. By the end of this first term, if he continues to spend at the rate he has for the first three years he will have increased US debt by 5.088 TRILLION dollars. And his budget for the second term, if he wins, would result in adding over 9 TRILLION in debt over his 8 years. That is a 30% increase in the US debt over all other presidents combined.

You scream bloody murder with the debt in Canada and Trudeau spending, yet it is much less on a per capitia basis than what Trump is spending in buying jobs and inflating the economy.

[Hamloc]

Thanks Errol. Its good to have the global and North American perspective on what is happening.

I believe Errol must have read Chris Varcoe's latest article in the Calgary Herald talking about Houston. A couple of interesting points, Houston's unemployment rate is 3.5% compared to 7.2% in Calgary. Their closer proximity to the coast means they don't have the delivery bottlenecks that we have in Canada. Houston has 5 times the population of Calgary and oil workers are a much smaller piece of the overall pie.

Also read an interesting article on CNBC about U.S. Job numbers, a very interesting read. Also Chuck much to my amusement there is a chart in this article that plots job numbers since 2008. Hmmm, looks almost identical to Canada's that you posted above.

[SASKFARMER]

Ok, ill bite.

Nut case your hero who destroyed Alberta ran what a 100 billion debt. How well is Alberta doing with the job?

Trudeau with his plan to destroy an industry where the country has the third-largest oil reserve in the world. He runs massive debt and loses jobs.

Please explain, im baffled at how you cant see whats going on.

Americans are happy are Canadians.

[chuckChuck]

Ok, chuck your so smart.

Explain Trudeau is now the gov for the last 4 plus years.

If Canada is doing so good why the loss of 70000 jobs in one month.

And explain why the USA if like the CBC and you say is doing so poor gained 266000 new jobs again.

I'm really interested in your take.

Please show us.

Month to month volatility. There were also several months of strong job creation. Who do you "blame" or give credit for those good months? Long term trends are what matter.

[bucket]

I think the reporting is flawed....there will be a correction....