[Newsbot]

Title: Canada job market stays flat in June as unemployment rate falls to 6.8% | Financial Post
Category: Economics
Posted By: shockedcanadian
Date: 2016-07-08 06:39:32
Canadian

[shockedcanadian]

A decline of 40,100 full-time positions during the month was offset by a gain of 39,400 in part-time workers, Statistics Canada said Friday. The public sector shed 27,000 jobs in June and private positions fell by 10,500.

As well, 37,700 more people said they were self-employed in June, compared to the previous month, helping to pushed the unemployment rate down to 6.8 per cent from 6.9 per cent.


So as usual, the news is far worse than reported, but we will use statistic and just omit important information if it counters the sunny argument. Losing full-time and replacing with part-time work, is hardly employment.

It's going to get a lot worse now that TPP and CETA are probably not going to be realities.

[Lemmy]

What happened, in terms of public sector jobs in June of 2015? And 2014? And 2013? And every other June? What is it about June that causes the labour market to shed public sector jobs? I'll give you a hint: there'll be a similar increase in September.