Quote:
Originally Posted by MJK
"
By Ka Yan Ng
TORONTO (Reuters) - Canada is expected to lose jobs in August for the ninth time in 10 months, but at a slower pace than in the previous month as pockets of the economy show signs of recovery.
Market participants surveyed by Reuters expect, on average, Statistics Canada to report net job losses of 10,000 in August, with forecasts ranging from a loss of 38,000 jobs to a gain of 15,000 jobs."
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Unemployment is typically the last significant lagging indicator that will turn positive as a recession is ending . . . . .
The stock market will have taken off to the upside, the economy will have turned to positive growth and somewhere far down the road after that, unemployment will flatten out and finally start declining as job growth begins to resume.
EDIT: Interesting to see that America will soon see an historic shift . . . . . for the first time ever, women will outnumber men in the work force.
http://www.azcentral.com/news/articl...-work0903.html
Cowperson