Sunday, May 11, 2025

Snow Mexico Collapse Continues

Mark Carney in dire straits: Canada, one of the largest and richest countries in the world, added just 7,400 jobs in April as unemployment rate rises to 6.9%

More

Data from Statistics Canada paints a troubling picture: nearly 1.6 million Canadians are now out of work, and the job market is starting to show serious cracks under growing international pressure.

The unemployment rate in April reached 6.9%, matching levels last seen in November, and edging past analysts' expectations of 6.8%. While the economy technically added jobs"7,400 net gains"this growth was too small to keep up with the expanding labor force. Last month, the country lost 32,600 jobs, making April's improvement look modest by comparison.

In one of the starkest signals yet, 31,000 jobs were lost in Canada's manufacturing sector in April alone, according to Statscan. That's a serious blow for an economy heavily reliant on exports. The job losses were directly tied to U.S. import duties and the broader uncertainty caused by the trade tensions.

Comments

Please Canadian posters - provide your valuable economic insights on the US while your home country spirals into failure. It reminds me of grad school - nearly 100% of the economics professors were from 3rd world -------- countries and had never worked outside of academia. These were the -------- guiding US economic policies.

#1 | Posted by ScottS at 2025-05-11 09:12 PM

The only thing that reminds of grad school is the bucket and mop you stole after you were fired.

#2 | Posted by LegallyYourDead at 2025-05-12 03:12 AM

"#2 | Posted by LegallyYourDead"

Reminds you of your pretend law school? Yes, I would assume pretend events would remind you of your pretend law school.

#3 | Posted by ScottS at 2025-05-12 05:33 AM

Please Canadian posters - provide your valuable economic insights on the US while your home country spirals into failure. It reminds me of grad school - nearly 100% of the economics professors were from 3rd world -------- countries and had never worked outside of academia. These were the -------- guiding US economic policies.

#1 | Posted by ScottS

The term 3rd World hasn't been used in grad school economic classes in 30-40 years.

Did you get your degree from Trump U or Make Believe U?

#4 | Posted by Sycophant at 2025-05-12 10:40 AM

"#4 | Posted by Sycophant"

It is not a term used in grad school but it is an accurate descriptor for people that come from poor, -------- countries that dominate PhD programs and everyone understands what is the meaning of the phrase.

#5 | Posted by ScottS at 2025-05-12 10:43 AM

Nobody cares what you think, you limp-wristed pansy.

#6 | Posted by LegallyYourDead at 2025-05-12 11:11 AM

Decades ago, I had a Harvard grad professor in his mid-eighties who used the term "Third World"; it was almost as cringe as every time he brought up Harvard. It was still interesting to hear somebody several generations back talk about the world, though

#7 | Posted by hamburglar at 2025-05-12 11:30 AM

Nazis cheer at the disruption of the free world

#8 | Posted by hamburglar at 2025-05-12 11:31 AM

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