Bell Concerned By October Job Figures
Prince George, BC – "Tough month for BC on the jobs front."
That from Jobs, Tourism, and Skills Training Minister, Pat Bell, this morning in a media conference call to discuss October’s jobless rate, which shows a loss of just under 11-thousand jobs. While the unemployment rate dropped from 6.8-percent in September to 6.5-percent last month, Bell points out that’s a result of people leaving the workforce.
"When you dig into the numbers, the area that shows the largest job loss is manufacturing – it shows an 8,300-person job loss. It’s still a gain year-over-year of 12,700 people, so the numbers have fluctuated in a very significant way," says Bell.
"The does concern me," says the minister. "I do not recall seeing any information about any major manufacturing facilities that were either closed or curtailed, so we’re going to be watching that number very closely in the coming month."
Bell says it may be due to an anomoly based on how StatsCan compiles it data – with calls going out to 6,000 people, and the numbers extrapolated from those calls.
While Prince George remained flat over the month with a loss of 100 jobs, both Kamloops and Nanaimo had strong gains. Kamloops saw an increase of 1100 jobs between September and October and now has an unemployment rate of 4.4-percent. Nanaimo gained 600 jobs with a 3.5-percent UE rate the lowest Bell can recall.
Comments
“When you dig into the numbers, the area that shows the largest job loss is manufacturing” .. gee mister bell, could that be because you and all your liberal lackies have been and CONTINUE to sell us out, jobs and all to the CHINESE?
Kamloops and Nanaimo are places to find work these days
Bell was laughable this morning when he questioned whether the Stats Canada figures were correct. They’re correct when they say the number of jobs went up, ey Pat.
The joke of it all is that taxpayers are being forced to pay for these partisan Liberal job creation ads plastered all over the TV and radio stations when they are obviously part of the Liberal election platform. Offensive.
And, in light of 11-thousand jobs being LOST, your program isn’t working worth spit, is it Christy. Incompetent.
This is why we need Northern Gateway. Because sifting through the ashes of sawmills is not a real job.
Canada may have added 1,800 jobs in October, but that number hides the fact that almost all the gains came from government and that the private sector lost more than 20,000 jobs.
The 1,800 jobs added was already a disappointment compared with the 10,000 economists had forecast. According to Statistics Canada, that left the unemployment rate unchanged at 7.4%.
The six-month average for jobs gains is now 29,400, according to Reuters. But itâs a very different story when you look at the private sector and public sector separately.
âDetails of the report were much worse than the headline number with the private sector showing a loss of 21,000 in October, the fourth decline in six months,â said Matthieu Arseneau, senior economist with the National Bank of Canada. âOver the period, the private sector is actually showing a loss of 12,000 jobs, compared to a surge of 76,000 jobs in the public sector.â
http://business.financialpost.com/2012/11/02/employment-numbers-hide-the-fact-canada-is-bleeding-private-sector-jobs/
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