Re: Robust jobs market in Canada slows, as unemployment ra...

[Guest guest]

This is the point right here. The US economy is dragging down the economy of its main trading partner, Canada. US unemployment is still over 9% and including underemployment it is over 16%, but that does not count the number of people on welfare. Once the US economy picks up, which might not be for many years since I saw an article in a print paper the other day at the grocery that said full jobs recovery could take 6 to 7 years, the Canadian economy will pick up more as well. Than again, if they practice smaller government and make effective reforms, they might improve first and help pull the US up.

In a message dated 9/10/2010 2:45:26 P.M. Eastern Daylight Time, no_reply writes:

"It reflects the reality of the U.S. recovery, which will be quite slow, we're not looking at a commodity boom, housing is slowing in Canada, the consumer is tapped, and government (hiring is weak)," he pointed out.