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P.G. Unemployment Rate Drops

By 250 News

Friday, September 10, 2010 06:38 AM

Prince George, B.C. – The jobless rate in Prince George has slipped from the jobless numbers recorded at this time last year. The August unemployment rate was 8.7%, down from the 9.3% recorded in July, and well below the 12% recorded in August of last year.
The Cariboo region also experienced a drop from July’s figures, now sitting at 8.3% when  it had been 8.6%.
Provincially, the rate edged downward only slightly from 7.5% in July to 7.3% in August.
Nationally, the rate moved up to 8.1% from the July mark of 8.0%

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Comments

It's Cambell's fault. Blame it on the big guy.
BC's unemployment rates
June - 7.8%
July - 7.5%
August - 7.3%
Going in right direction.
Sure do see a lot more logging trucks on the highway, that has got to mean something.
People are back in school
People going back to school is reflected in the september figures since they are still working at the end of august. May mean a drop in unemploynment figures for september as a whole.
"Canadian employers have boosted payrolls in seven of eight months this year, but cracks are starting to show in the country’s job creation.

The economy churned out 35,800 jobs last month, but the gains stemmed from a seasonal rebound in the hiring of teachers. Without the bump in education, the economy would have shed about 32,000 positions as the key private sector cut jobs for the second month in a row."

http://www.theglobeandmail.com/report-on-business/economy/job-creation-tepid-in-lacklustre-economy/article1702235/?cmpid=rss1
It just a nice way to say there's more people leaving here than there was in July.
"the gains stemmed from a seasonal rebound in the hiring of teachers"

That is an interesting note. However, we have to remember to leave in context. It is an August to August comparison. So, last year the August figure was 12%. This year it was 8.7%.

Teachers were hired in both years. That is right. They did not keep schools closed across the country last year.

These people come up with the stupidest comments. And several of us actually believe those kind of stupid comments without thinking about it.

You know those dunce caps they talked about with the 100th anniversary of the one room school house at the Exploration Place? Well, some still deserve to wear them to this day.

But we are a gentler society today, right?
"It just a nice way to say there's more people leaving here than there was in July."

In order to confirm that, one would need to know have a few more statistics, such as employment figures, rather than unemployment percentage.

BTW, to the minimum wage thing. Here is a job that is 40 hours per week, at $12/hour, no experience required, but must have a few basic skills. 5 positions available at the Pine Centre store.

Note they are paying 50% more than the minimum wage.

http://www.jobbank.gc.ca/detail-eng.aspx?OrderNum=5265974&Source=JobPosting
Pizza hut - 4 postions, $11.75/hr, 40 hours per week.

http://www.jobbank.gc.ca/detail-eng.aspx?OrderNum=5262961&Source=JobPosting

Is raising the minimum wage going to do anything to get more people interested in these jobs? At a 7%+ unemployment rate we still have jobs that are available. Kids going back to school that cannot work full time? New kids coming back to town to start their education or continue it, but can only work part time?

These seasonal cycles are ongoing. Every industry has its won seasonal changes.

Oh, I almost forgot, the number of people employed increased by 1,000 to 48,100.

So much for the people leaving the community theory.
Statistics? We don't need no stinking statistics! Once Statscan is dissolved we won't have to worry about nasty old percentages.
Exactly!!! We do not have to worry about jobs either. We can all continue to do the same as we do now anyway, wet our fingers, hold them up in the air, and determine which way the wind is blowing.

Then pronounce that people:
- have more employment
- have less employment
- are moving out of town
- are moving into town
- walk to work more
- drive to work more