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Good News Canada

Michael | September 5, 2008

Some good news for Canadians today.

The NewYorkTimes reported a 6.1% increase in unemployment south of the border today. The highest level in 5 years, this accounts for more than 84,000 slashed private/non-farm jobs in August.

North of the border on the other hand, our outlook is a little sunnier; not sunny, just sunnier. Canada added a modest 15,000 jobs in August, lowering our unemployment rate to… 6.1%.

It looks like our North American community (of two!) is continuing an ongoing trend of reaching parity on multiple fronts.

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