CANADA’S STEEP JOB LOSSES; ANOTHER BLOW TO STRUGGLING ECONOMY

CANADA’S STEEP JOB LOSSES; ANOTHER BLOW TO STRUGGLING ECONOMY;

But neither Rachel Anne Notley MLA; and the 17th and current Premier of Alberta, since 2015, nor the NDP is to blame.

If you do still wish to blame a political party or politicians then it must be Harper and the Conservatives.

YOU MIGHT ALSO CONSIDER BLAMING THE INCREASES IN THE MINIMUM WAGE

Canada lost a surprising 31,200 jobs in July due to a steep decline in full-time work, a worrying setback for a country grappling with the downturn in the energy sector.

The unexpected job losses sent the unemployment rate up to 6.9 per cent from 6.8 per cent in June, Statistics Canada said in its monthly labour report released on Friday.

“Another hit to an already struggling Canadian economy,” said Arlene Kish, senior economist with IHS Global Insight. “Canadians are wondering where the jobs are. Discouraged workers are leaving the labour force.”

Employers eliminated 71,400 full-time positions, the second consecutive month of full-time declines, but 40,200 part-time jobs were created. Meanwhile, the participation rate fell to its lowest level since late 1999, as more people either stopped actively searching for work or stopped working altogether.

Over the first seven months of the year, employers created 12,400 positions, representing the weakest job creation since the Great Recession.

“Job growth has slowed to near post-crisis lows,” David Watt, chief economist with HSBC Bank Canada, said in a note. “Job growth remains weak.”