Castanet

OTTAWA - B.C. suffered the biggest setback in job loss, while little changed in other provinces in October, according to Statistics Canada.

""....there were as many provinces reporting increases in employment as decreases. The biggest gain was in Quebec, which saw 20,100 jobs added, while the biggest loss came in British Columbia, which reported 10,900 fewer jobs.

Overall, the country's unemployment rate remained unchanged at 7.4 per cent, as the economy added a meagre 1,800 jobs.

The modest result was slightly worse than expected by economists and reversed two consecutive months of strong employment gains that saw over 86,000 jobs added.

The details were even weaker than the headline, given that private sector employers shed 20,300 workers last month.

That was offset by gains in the less attractive public sector. There were also fewer Canadians reporting they were self employed in September.

However, many estimates before the report called for thousands of jobs to be created last month.""

http://www.timescolonist.com/news/loses ... story.html

That' probably because all the cotton pickin' fruit pickers went back to Quebec for government jobs. All the job increases were in the public sector, so it could be that BC didn't increase their public sector. Surprise, surprise, Quebec's new government has hired 20,000 new public employees. Hardly a good thing given the state of the economy.

The threat of an NDP government in BC is sure drying up investment and killing jobs. Sure hope the polls turn the other way so we can keep people working in this province, or we'll be in deep kaka.

Rwede wrote:The threat of an NDP government in BC is sure drying up investment and killing jobs. Sure hope the polls turn the other way so we can keep people working in this province, or we'll be in deep kaka.

The economy has been poor for several years and people have been losing jobs and many are moving to Alberta because of the economy all the while the Liberals are in power. Many are fed up with the government we've had the last 12 years and the polls tell us that they will be out in the next election and still some try and put the state of the economy on the NDP!!!! This spin is to be expected.

Threat? NDP?

Try the HST still hanging around.

AND a very insecure, poorly led government
with many MLAs deserting ship.

Fear not folks, the price of lumber is going up. Thank Sandy and her 50B in damage that needs to be rebuilt with BC wood.

""Manipulation of statistics shows B.C. No. 1 in Canada … briefly....

As reported by my colleague Jonathan Fowlie, the premier was explaining how she was going to win the next election with a platform built on a bold vision for the future and a record of being No. 1 in job creation in Canada.

Modest isn’t a word I have ever heard associated with Clark in the years I have followed her career. But recently her claims about the job creation record under her leadership have led journalists outside of B.C. to observe that even “immodest” doesn’t go far enough to explain her hyperbole on the subject.

Clark’s claims that B.C. has been the most productive generator of new jobs since she brought in her BC Jobs Plan in September of 2011 might have raised some eyebrows in other provinces on their own.

But packaging them as she did earlier this month with jabs at Alberta created an irresistible target.

To wit, from David Akin, an Ottawa journalist, on his blog: “Do Christy Clark’s boasts on job creation hold up? Nope. Nada. Not even close.”

And from Gary Lamphier, a columnist at the Edmonton Journal: “Christy Clark’s mystery jobs figure.”

Clark told Liberals on the weekend that she’s going to pull the Liberals out of their persistent slump in opinion polls and win the next election on the strong economy, on being “No. 1 in job creation.”

Earlier in October, she told an economic summit in Nanaimo that B.C. doesn’t need oil to beat Alberta’s job creation record.

“We are No. 1 in this country, and it should be a real source of pride that even without that great natural resource, and valuable natural resource they call oil, we’re still doing better than everybody else,” she said. “That’s quite a challenge we’ve overcome.”

While as Lamphier says, there is a certain mystery to Clark’s job numbers, the claim emerged after the Statistics Canada Labour Force Survey report for September, released Oct. 5.

On the same day, the Ministry of Jobs, Tourism and Skills Training issued a release titled, “B.C., first in Canada for job growth.” The release claimed 5,700 net new jobs in September and 57,400 net new jobs since the release of the B.C. Jobs Plan.

The 5,700 number was lifted straight from the StatsCan release. The same document, however, showed that on a year to year basis, B.C. only created 29,500 jobs in the previous 12 months. That was fifth in Canada as measured as a percentage increase and fourth based on the number of jobs. Alberta created 37,400 over the same period, more both as a percentage of the labour force and in absolute numbers.

So where did the 57,400 come from?

The government spin masters came up with it by going back to August of 2011, the month before the BC Jobs Plan was announced. So it’s larger to start with because it covers a period of 13 months, instead of just the previous year. But it also created a more flattering starting point.

Job numbers often shift up and down fairly dramatically from month to month, as the numbers released on Friday showed, with B.C. losing almost 11,000 jobs from the previous month. So the starting point matters in terms of how many jobs have been created. In September of 2011, the month the BC Jobs Plan was announced, StatsCan reported 21,000 more people were working than had been working the previous month. So starting in August rather than September paints a much rosier picture.

Comparing B.C. to Alberta using that 13 month period, B.C. was No. 1.

Going back to the first full month after Clark took over as premier, April of 2011, B.C. comes third with Alberta creating twice as many jobs as B.C.

And the October numbers released Friday showed B.C. losing almost 11,000 jobs, dropping us to third, using even the most best case dates. Since we are the third largest province, that should be considered just average.""

http://www.vancouversun.com/opinion/col ... story.html

""British Columbia has been doing well relative to most of the country in creating jobs. Clark’s problem is that she invites ridicule by boasting of achievements based on fun with figures""

Canada’s employment pain only going to get worse, experts say.........

U.S president Barack Obama could be breathing a sigh of relief that his country’s employment numbers over the past six months haven’t been as crummy as Canada’s.

Canada’s private sector hiring has been sputtering since May, as opposed to the United States, where the latest numbers showed strong private sector hiring again in October. And while the U.S. government shed jobs in October, reflecting efforts to rein in public sector spending, Canada added a whopping 37,000 new government jobs. That brings the total amount of government jobs added in Canada over the last six months to 76,000.

“In some ways this is almost the exact opposite of what was expected this year,” said Douglas Porter, deputy chief economist and managing director at BMO Capital Markets. “With the public sector in retrenchment mode at most levels of government, the expectation was that the private sector would grab the baton and lead the way in job growth.

“That hasn’t been the case.”
Related

Employment numbers hide the fact Canada is bleeding private sector jobs
http://business.financialpost.com/2012/ ... ctor-jobs/

Canada's job market stalls
http://business.financialpost.com/2012/ ... fty-gains/

Statistics Canada’s latest Labour Force Survey shows that Canada added just 1,800 jobs last month, already a disappointment considering economists had been expecting a gain of 10,000. But when you delve deeper, the story of a struggling private sector and burgeoning public payrolls becomes clear.

Canada shed more than 20,000 private sector jobs in October alone. Four of the last six Labour Force Surveys have recorded declines in private sector jobs, leading to a total of 12,000 private jobs lost in Canada since May.

All the while, government hiring has gone full steam ahead.

“One explanation might be that the bark of austerity is tougher than the actual bite,” said Mr. Porter. “We’ve seen all kinds of headlines over austerity, both at the federal and provincial levels. But in terms of actual public sector payrolls, it obviously hasn’t actually made an impact.”

The surge in government hiring and weakness in the private sector in Canada contrasts with data coming out of the United States where private sector hiring has now risen for 32 straight months.

One of the biggest contributors to public sector employment in Canada this year has been eduction. Matthieu Arseneau, senior economist with the National Bank of Canada, points out that while the education sector represents just roughly 7% of all jobs in Canada, it has been responsible for 44% of all the jobs added this year.

Vincent Ferrao, analyst at Statistics Canada, said that one of the possible reasons education employment is up this year could be due to fewer workers in the sector losing employment in May and June, compared with last year.

“In the past few summers we saw employment going down for the summer, and then going back up in the fall,” he said. “We attributed that to more and more workers in the industry working on contract. Not just teachers, but basically everything related to the industry, such as bus drivers.”

He said the trend has reversed this year, hinting that more workers in the sector may have found full-time positions. Mr. Ferrao stressed, however, that it was too early to tell if this was a new pattern or simply a statistical blip.

Either way, economists say that, given the current environment of government austerity, it’s very likely that public sector hiring has peaked.

“We expect these gains to be reversed in the coming months,” said David Madani, Canada economist at Capital Economics

And don’t expect private sector hiring to step up to the plate. Mr. Arseneau of National Bank said that one only has to look at Corporate Canada’s current earnings season to see that the private sector is in no condition to ramp up hiring.

“With earnings of TSX companies down 30% so far in the third quarter, we do not expect a hiring spree anytime soon,” he said.

If there is one bright spot for the private sector, it’s that smaller companies could potentially fill in the hiring hole.

Ted Mallett, vice-president and chief economist for the Canadian Federation of Independent Business, points out that there has been a disconnect in hiring between large and small companies in the last six months. Based on raw data that the CFIB receives from StatsCan, he said that while there was a drop off in employment among large firms in the third quarter, that was not the case for small and medium-sized firms.

Mr. Mallett also notes that self employed individuals were the main reason private sector jobs declined in October, meaning that blame can’t be placed on the whole sector. And while self employment data can be volatile from month to month, Mr. Mallett said it can also hint at positive developments in the labour market.

“Generally, self employment starts dropping when there are actually some good opportunities available in paid employment,” he said. “So it’s kind of counter-cyclical in that respect.”

Either way, economists expect Canada’s employment data will likely weaken in the coming months as hiring in the public sector dries up. The concern is that weakness in private sector employment will continue, weighing on Canada’s economy into next year.

“We have to be worried about what’s happening in the private sector,” said Mr. Arseneau of National Bank. “Like I mentioned, the earnings season hasn’t been good…. It’s clear there will be concern when it comes to Canada’s labour market over the next few months.”"

http://business.financialpost.com/2012/ ... perts-say/

NAB wrote: Modest isn’t a word I have ever heard associated with Clark in the years I have followed her career. But recently her claims about the job creation record under her leadership have led journalists outside of B.C. to observe that even “immodest” doesn’t go far enough to explain her hyperbole on the subject.

She's following Romney's lead. When ya got nothing else, just lie. It's been working amazingly well for Romney in the US race and the BC Liberals have never given our provincial electorate much credit for intelligence (rightly so perhaps?)

Canada shed more than 20,000 private sector jobs in October alone. Four of the last six Labour Force Surveys have recorded declines in private sector jobs, leading to a total of 12,000 private jobs lost in Canada since May.

And here the government (fed and prov) led us to believe that corporate tax rate reductions would provide jobs, jobs and more jobs!! Were we 'misinformed'?

flamingfingers wrote: And here the government (fed and prov) led us to believe that corporate tax rate reductions would provide jobs, jobs and more jobs!! Were we 'misinformed'?

Well, in BC it was found the BC Christy Party just wasn't spending enough money “informing” us yet.
Don't worry though. $15 million of our tax dollars have been allocated to that effort.

ooo - fear the NDP

Yep. Spend 15 mil on advertising the 'Christy Liberal Party'. Meanwhile the George Derby Hospital front line workers are being replaced. Contracted out so they can save 1 mil! Was so sad to see the old vets who view their front line workers as 'family' (and in some instances the front line workers are the only 'family' they have!) protesting the radical change in their known lifestyle.

Ah, yes, 'FAMILIES FIRST'!! So long as it is the Christy Liberal families!

Canada’s private sector hiring has been sputtering since May, as opposed to the United States, where the latest numbers showed strong private sector hiring again in October. And while the U.S. government shed jobs in October, reflecting efforts to rein in public sector spending, Canada added a whopping 37,000 new government jobs. That brings the total amount of government jobs added in Canada over the last six months to 76,000.

Canada shed more than 20,000 private sector jobs in October alone. Four of the last six Labour Force Surveys have recorded declines in private sector jobs, leading to a total of 12,000 private jobs lost in Canada since May.

All the while, government hiring has gone full steam ahead.

One of the biggest contributors to public sector employment in Canada this year has been eduction. Matthieu Arseneau, senior economist with the National Bank of Canada, points out that while the education sector represents just roughly 7% of all jobs in Canada, it has been responsible for 44% of all the jobs added this year.

Think about it....

i have lived and loved BC almost all my life (im 47)
sorry to say i just sold my equipment and bought a house in Alberta and leave in a week.
its a shame the Liberals have done this to BC.
maybe the NDP will fix the mess.