2012-01-10

Unemployment Statistics

U.S. unemployment: 8.5%.
Quebec: 8.7%.
Canada: 7.5%

America is freaking out. Quebec is so "been there, done that."

5 comments:

  1. But the American number is not to be trusted. We just ignore those who are unemployed and have given up looking (meaning their unemployment benefits - now at 99 months - ran out and they remain unemployed and have given up). The real unemployment rate (according to Bureau of Labor Statistics) is 10.7%) See:

    http://www.bls.gov/news.release/empsit.t15.htm

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  2. Oops, sorry, that should be 9.8% for Dec. 2012

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  3. Crap! I mean "Dec. 2011" I'm all stubby fingered and foggy brained.

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  4. I know some places are reporting as high as 19%.

    I'm sure the Canadian numbers are higher too. Even if it isn't, we're not as a productive.

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  5. Should add that Quebec has "been there, done that and still doing it..."

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