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Youth still stuck in the recession

| May 13, 2013
Columnists

Calculating household debt after the 2013 federal budget

Photo: Canadian Pacific/Flickr

As both the Bank of Canada and the IMF have now reported, the Canadian economic recovery slowed in early 2013. Sadly, this contains good news.

A return to economic strength would bring an increase in interest rates. This would cause Canadian households deeply in debt to dig down even deeper to make ends meet. With weakness, rate hikes are likely delayed until 2014.

Crowley's red hot labour market

| April 23, 2013
Columnists

Canadians giving up on the world of work

Image: Tony Biddle

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The glaring contrast between employment numbers, and the unemployment rate, was highlighted by last week's labour force numbers from Statistics Canada (capably dissected elsewhere on this blog by Angella MacEwan).

Paid employment (i.e. employees) declined by 46,000. Total employment (including self-employment) fell by 22,000. Yet the unemployment rate fell to 7 per cent -- its lowest level since late 2008.

Fewer people were working, yet the unemployment rate declined. What gives?

Labour market still weak: Bank of Canada

| January 24, 2013

StatsCan report shows new historical lows in EI coverage

| December 21, 2012

Unemployment and the Harper government's New Math

| November 16, 2012

Fewer unemployed eligible for benefits

| November 6, 2012

Welcome to the wageless recovery

| November 5, 2012

Three cheers for the Fraser Institute and their helpful reports

| September 26, 2012
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