Canada Regains Unemployment from July!

34,000 Jobs make up from July

 

 

Article: Toronto Sun

Published: September 7, 2012

Article Written By: -----------

 

 

Summary:

 

        Recently this passed summer, in July there was a huge loss of 34,400 jobs. Last Augest Canada regained thsi number falling only 100 jobs short, holding 7.3% of the unemployment rate in Canada. On the bright side, 46,700 new part time jobs were made along with a solid 12,500 full time jobs. The increase of unemployment rate was extremely surprising due to 140,500 jobs made in March and April. The pattern settled in May to a monthly 7,000 gain. As of August 2011 the construction industry however lost around 44,000 positions. This August cutting loose another 30,400 jobs. 

 

 

 

Opinion:

 

        Looking at the analysis from the article you can tell that the numbers are fluctuating every month. Obviously, 7.3 percent is a very large number that the government is trying to lower. We can tell that predicting the each month is not very usefull any supringing result can come up each month and it did on July. Just because we are losing a couple thousand jobs here doesn't mean that we are not regaining jobs at the same time at a different location in Canada. From research, we might be seeing numbers dropping from the part time job group but at the same time numbers are incrasing in the full time job group which is very significant.