Because Justin Trudeau’s CASH FLOW continues to be reliant on him borrowing money from the Bank of Canada to pay PUBLIC SECTOR workers, his job gain should be considered a job loss. Also in Canada, you always have to factor In CROWN CORPORATIONS(State Owned Enterprises), or private businesses reliant on Crown Corporations for their survival.
Justin Trudeau, also offers benefits and incentives to private entities that align with his POLITICAL agenda. In 2024, I no longer respect the numbers coming from StatCan, that has only one job, but fails to do deep dives into the data, so Canadians can get a btter idea of what’s really going on.
Instead, reading StatCan in 2024 reads like a political pamphlet. Before you make the assumption that this is malicious, keep in mind this has ALWAYS been the case, the problem is that under Trudeau, he’s doing such a horrible job with the economy, that if they dive into the data, it would appear as if they were running attack ads on him.
Justin Trudeau’s incompetency as a Prime minister has is an example as to why countries with TOP HEAVY Democracies reliant on competent Federal leaders, needs to be UPDATED in the future. All it takes is one idiot, and everything thrown out of whack. For example, in Switzerland, no matter how dumb The President of the Swiss Confederation is, that individual and their administration can only do so much damage to the safeguards in the economy.
Canadian voters have historically leaned Left, and so even if StatCan wanted to be unbiased, it likely wouldn’t because of the expectation of negative press it would receive from the Canadian voting public. So even when the numbers clearly show Justin Trudeau has been a complete disaster, StatCan, goes out of it’s why to highlight what otherwise would be negatives, as positives.
Labour Force Survey, April 2024, Released: 2024-05-10, Highlights | statcan.gc.ca
Employment increased by 90,000 (+0.4%) in April, and the unemployment rate was unchanged at 6.1%. The employment rate held steady at 61.4%, following six consecutive monthly declines.
Gains in April driven by private sector employees
Private sector employment rose in April (+50,000; +0.4%) following four consecutive months of little change. There were also more people employed in the public sector (+26,000; +0.6%). On a year-over-year basis, public sector employment was up by 208,000 in April (+4.9%), outpacing growth in the private sector (+190,000; +1.4%).Self-employment was little changed in April, both in the month and on a year-over-year basis.
Interesting times ahead!
