One can reasonably expect that government statisticians on both sides of the border are using the same methods to determine job creation numbers and employment levels, so it would be wise not to buy into the Canadian numbers either.
Specifically, full-time employees dropped by 1,000 workers while part-time workers rose by 679,000 (month-over-month). The total gain in all workers for the period was 717,000. Moreover, the overall trend since 2021 is one in which growth in full-time work in general is falling—and turning negative in some months—while part-time employment represents most of the growth.
But why is it that we keep hearing about how there is so much job growth? Those “good” numbers are based mostly on a separate job survey which looks only at the number of jobs created, as opposed to the number of employed persons. This means a large number of part-time jobs could be created, with few new employed persons, and this could be reported as robust job growth.
Theory: 1984 wasn’t fiction
If I lose my full time job (40 hrs/week) and manage to find 3 part time jobs totalling 16 hours a week, team Biden counts that as two new jobs!
the empty hair as well.
Joe; and are those ‘new’ positions or would they simply be filling vacant positions? I’ve noticed that here locally (where I live), the turnover in baristas is inexplicable(?). In the first place the cost of rent here is ridiculously high, so these women would be hard-pressed to make rent, let alone anything else like food. So why are they walking away from admittedly not high paying jobs? What are they doing as an alternative? The coffee shops are desperate for staff; some have had to cut back their open hours.
Another factor that is mentioned here is that the poor private sectors workers, who got either no or a miserly wage increase, are facing tax increases so that parasitical jobs in the snivel disservice can be maintained and expanded so that it looks like employment levels are growing. I wrote my employer as to why a rate increase was necessary last season (it is a seasonal job) due to hyper inflation. If inflation is 20% and you give a 5% increase, how is that unreasonable? Just got stonewalled so not sure if going back this season. Not my only source of income.
In the timeframe that BLS made a mess of, ADP showed a 1 million job increase, so the question is was BLS salting their data with the ADP number, when the actual surveys were showing something much worse?
There is also a big difference between ADP’s number and BLS number, on the order of about 30 million jobs more on BLS