Job Losses Still Mounting – AUGUST Employment numbers

In physics you can prove that Elephants can fly.

Numbers released today point to unemployment rising to a decade high of 8.7%, but the tale of the tape is that most of the 25,000+ jobs created in Canada for August were Part Time, low wage, and no benefit service type jobs.

Lost jobs were mostly in the construction and manufacturing sectors in August.   In other words this is not going to be a good Fall or Winter for a lot of Canadians.

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