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Drudge runs shocker Canada headline


 

This morning the main blaring headline on the right-leaning Drudge Report is:


It links to this story:

Canada Adds 69,200 Jobs, Four Times More Than Forecast [Bloomberg]

and this story:

U.S. Unemployment falls to 9.0 pct., only 36K new jobs [AP]

[I’m not sure where he’s trying to go for the “shock value” of being beat by the perceived  “Socialist Paradise to The North” or to contrast the economies under Democratic President and a Conservative prime minister…? ]


 
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Drudge runs shocker Canada headline

  1. I'm not sure where he's trying to go for the "shock value" of being beat by the perceived "Socialist Paradise to The North" or to contrast the economies under Democratic President and a Conservative prime minister…?

    I think the intended shock value comes from the fact that Canada has twice as many new jobs in an economy 1/10th the size.

    Most Americans dont know that Canada is a "socialist paradise", nor do they know we have a Conservative PM. They do know however that next to the USA, we are pretty much insignificant. Hence, the shock value probably stems from that.

  2. I'm not sure where he's trying to go for the "shock value" of being beat by the perceived "Socialist Paradise to The North" or to contrast the economies under Democratic President and a Conservative prime minister…?

    I think the intended shock value comes from the fact that Canada has twice as many new jobs in an economy 1/10th the size.

    Most Americans dont know that Canada is a "socialist paradise", nor do they know we have a Conservative PM. They do know however that next to the USA, we are pretty much insignificant. Hence, the shock value probably stems from that.

    • That's what I took it to mean. A country 1/10th the size is creating twice as many jobs means we're creating job 20x more jobs per capita. At the same time, any American who did think of Canada as a socialist paradise will probably be reconsidering that now. Actually, more like the American left will just chalk it up to our "dirty oil economy".

  3. LOL what no flashing light? No references to 'Canuckistan?'

    Repub Drudge does everything he can to try and make Obama look bad.

  4. LOL what no flashing light? No references to 'Canuckistan?'

    Repub Drudge does everything he can to try and make Obama look bad.

    • Obama actually does most of the legwork for him.

  5. I don't go to that website, to view it is, well, a drudge

  6. Interesting that we added 69,200 jobs and unemployment went up, and the Americans only added 36,000 jobs and unemployment went down. It reminds one of how relatively complicated these metrics can be.

    It's also interesting that, technically, the headline could also read "American unemployment number improves, Canada's gets worse".

  7. Interesting that we added 69,200 jobs and unemployment went up, and the Americans only added 36,000 jobs and unemployment went down. It reminds one of how relatively complicated these metrics can be.

    It's also interesting that, technically, the headline could also read "American unemployment number improves, Canada's gets worse".

    • Oh now you've gone and spoiled the 'good news'. LOL

      • I don't think so. 69,200 new jobs is still impressive, and the unemployment number went up because more people are looking for work (which suggests to me that they're more confident of finding work). I'm not sure how the U.S. – Canada comparison should be viewed, but this is still a good news story for Canada I'd say.

        • Since the 'recession' ended over a year ago, this is pathetic…for both countries.

          • Pathetic? The market had expected a growth of 15,000 jobs and we got over 69,000. We added more than twice as many jobs in January as in December. It's the most jobs we've added in a month since April of last year. And sure, the unemployment rate went up, but it went up only 1.9% from a TWO YEAR LOW.

            If adding 69,200 jobs in January is "pathetic" then can we get some more pathetic please? 'Cause analysts predict monthly job growth for the rest of the year to stay between 15,000 and 20,000 jobs.

          • Come on, LKO, Emily's narrative cannot be deviated from: everything that happens while the Harper government is in power is awful.

          • LKO, to answer your question about why the unemployment rate went up, it's because more people who had stopped looking for work are back in the labour force and looking for jobs because of the stronger economy. It's a good sign, because as you pointed out they're more confident that they'll find work.

          • It was never actually a question in my mind, I got it right away (Emily, not so much) but thanks for the heads up.

      • As someone who claims to work in "global economics", don't you think you should have a reply that's somewhat more nuanced than that?

        • I remember when Emily claimed that people paid her money for her views on the economy. I almost spat out my coffee when I read that. It was almost as funny as the time she claimed to own an internet business, or the time she claimed to be a former Reform riding president.

          • Ya, I've heard that "internet business" one also. It makes me laugh, because I don't know anybody who works "on the internet" who calls it "an internet business". Personally, having a few in the family, I think she's a retired elementary school teacher. Everything about "her" suits it.

          • I hope you're wrong that she's a retired teacher. I shudder to think of the poor kids who would have been forced to listen to her nonsense.

    • By "…how relatively complicated these metrics can be." don't you mean fake?

      • Yes, because 'a job' isn't necessarily a full time job. Hours worked would be a better one. Also wage level i.e. minimum wage versus family supporting. And beating the Americans is hardly cause for celebration when they are our biggest customer.

    • Felix Salmon wrestled with that same question this morning. He came to the conclusion that the American report was "messy", but pretty much blamed it on complicated metrics.

  8. Oh now you've gone and spoiled the 'good news'. LOL

  9. I don't think so. 69,200 new jobs is still impressive, and the unemployment number went up because more people are looking for work (which suggests to me that they're more confident of finding work). I'm not sure how the U.S. – Canada comparison should be viewed, but this is still a good news story for Canada I'd say.

  10. By "…how relatively complicated these metrics can be." don't you mean fake?

  11. LdKitchenersOwn noted:
    "I'm not sure how the U.S. – Canada comparison should be viewed, but this is still a good news story for Canada I'd say"

    It's good news unless you're a Liberal Party supporter. Don't worry though, watch the news……the Liberals will focus more on the unemployment rate, as opposed to the number of newly employed.

    Anyone care to make a wager?

    That being said…..glad to see more people working.

  12. LdKitchenersOwn noted:
    "I'm not sure how the U.S. – Canada comparison should be viewed, but this is still a good news story for Canada I'd say"

    It's good news unless you're a Liberal Party supporter. Don't worry though, watch the news……the Liberals will focus more on the unemployment rate, as opposed to the number of newly employed.

    Anyone care to make a wager?

    That being said…..glad to see more people working.

    • I think it's good news even if you are a Liberal Party supporter (as I believe LdKitchenersOwn is). Perhaps to some who view the world through partisan lenses, it might be seen as bad, but I think most LPCers will view this in a good light, and probably one more reason there won't be an election this spring.

  13. Since the 'recession' ended over a year ago, this is pathetic…for both countries.

  14. What an awful time to be the leader of the Liberal party of Toronto … man that must suck big time. Poor Iggy finally gets a chance to start talking big and every day it just gets worse and worse for the poor visiting professor – oh well what can you say next stop Bob Rae who is more than likely starting to get very tired of holding his old roomates jacket about now!

  15. Ha! I predicted yesterday that we'd be in for an interesting surprise with the January jobs report. Canada has now recovered all the jobs lost in the recession. We lead the world in economic recovery. Now the focus will be on reducing the unemployment rate to 6% and improving wages.

  16. Pathetic? The market had expected a growth of 15,000 jobs and we got over 69,000. We added more than twice as many jobs in January as in December. It's the most jobs we've added in a month since April of last year. And sure, the unemployment rate went up, but it went up only 1.9% from a TWO YEAR LOW.

    If adding 69,200 jobs in January is "pathetic" then can we get some more pathetic please? 'Cause analysts predict monthly job growth for the rest of the year to stay between 15,000 and 20,000 jobs.

  17. That's what I took it to mean. A country 1/10th the size is creating twice as many jobs means we're creating job 20x more jobs per capita. At the same time, any American who did think of Canada as a socialist paradise will probably be reconsidering that now. Actually, more like the American left will just chalk it up to our "dirty oil economy".

  18. Obama actually does most of the legwork for him.

  19. Felix Salmon wrestled with that same question this morning. He came to the conclusion that the American report was "messy", but pretty much blamed it on complicated metrics.

  20. As someone who claims to work in "global economics", don't you think you should have a reply that's somewhat more nuanced than that?

  21. I think it's good news even if you are a Liberal Party supporter (as I believe LdKitchenersOwn is). Perhaps to some who view the world through partisan lenses, it might be seen as bad, but I think most LPCers will view this in a good light, and probably one more reason there won't be an election this spring.

  22. Come on, LKO, Emily's narrative cannot be deviated from: everything that happens while the Harper government is in power is awful.

  23. LKO, to answer your question about why the unemployment rate went up, it's because more people who had stopped looking for work are back in the labour force and looking for jobs because of the stronger economy. It's a good sign, because as you pointed out they're more confident that they'll find work.

  24. I remember when Emily claimed that people paid her money for her views on the economy. I almost spat out my coffee when I read that. It was almost as funny as the time she claimed to own an internet business, or the time she claimed to be a former Reform riding president.

  25. Ya, I've heard that "internet business" one also. It makes me laugh, because I don't know anybody who works "on the internet" who calls it "an internet business". Personally, having a few in the family, I think she's a retired elementary school teacher. Everything about "her" suits it.

  26. I hope you're wrong that she's a retired teacher. I shudder to think of the poor kids who would have been forced to listen to her nonsense.

  27. Yes, because 'a job' isn't necessarily a full time job. Hours worked would be a better one. Also wage level i.e. minimum wage versus family supporting. And beating the Americans is hardly cause for celebration when they are our biggest customer.

  28. It was never actually a question in my mind, I got it right away (Emily, not so much) but thanks for the heads up.

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