Showing posts with label Unemployment. Show all posts
Showing posts with label Unemployment. Show all posts

Friday, October 08, 2010

Quebec Media Bias: Employment Success Kept Secret?

Does Gazette ignore good news in Quebec employment numbers?
Here is a challenge find the facts included about QUEBEC in the Montreal Gazette article. Good luck!

 

Labour Force Survey Statistics Canada
In Quebec, employment was up 15,000 in September, pushing the unemployment rate down 0.5 percentage points to 7.7%. The number of workers in Quebec has risen by 122,000, or 3.2%, over the past year, the second highest growth rate at the national level after Newfoundland and Labrador.

Any reason why a Montreal paper would ignore the second highest rate of growth of jobs? Can't be a bias or an agenda to omit the great news for Quebec?


PM Harper hugs Hurricane Igor Victim
Newfoundland and Labrador posted employment gains of 4,900. This province has had the fastest rate of growth of all provinces over the past 12 months, at 5.3% (+11,000). At the same time, the unemployment rate has trended down, reaching 13.5% in September, the lowest rate since July 2008.

Media Bias for Negative Storyline
Does the media introduce a rift on the Atlantic Accord from 2006 in 2010 after the Premier has stated on many occasions water under the bridge during the visit of the PM on the destruction of Hurricane Igor?

There was little change in employment in September, as full-time gains were offset by part-time losses. The unemployment rate edged down 0.1 percentage points to 8.0%, as fewer people, particularly youth, participated in the labour market.

Unemployment Rate climbs backs to 10.1% in the United States
How did the media report the move from 8.0 to 8.1 in July-September?  Historically the United States traditionally had lower unemployment rate than Canada. In 2006 a Government led by Stephen Harper has changed the dynamic. Canada had entered the global recession last and was the first developed economy to have exited. Does the media introduce the context how the Canadian dollar is not trading at a discount 30% or we are beating the Americans on the recovery?


Negative Frame Disgraced Military Commander with Conservatives?

Is the media too busy to produce clips of former CFB Trenton commander Colonel Russel facing over 80 charges without Minister of Defence Peter Mackay?

Bottom feeding Press or Bias?
When the Keith Richards, Rolling Stones were arrested in 1977 did the media act like bottom feeders and go after the wife of the Prime Minister because she attended concerts or associated herself with the band?

What do you think?



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Saturday, April 10, 2010

Government of Canada Priorities: Jobs, Recovery

Estimates of potential GDP are crucial for monetary and fiscal policymakers who require estimates of the economy’s capacity to gauge inflationary pressures and to assess the budgetary position over the business cycle. Unfortunately, an economy’s potential GDP and output gap are not directly observable and therefore must be estimated. Fortunately the Department of Finance and the Bank of Canada construct estimates of potential GDP which are used in their respective policy analyses and deliberations.

However, given the absence of published estimates over the forecast horizon 2008-2013, it is necessary to construct them.
Future potential growth is assumed at 2.4% annually and an upper bound of 2.7% and lower bound of 2.1% are also considered. This range is consistent with estimates of potential growth provided by private sector forecasters and the Bank of Canada. -The Budgetary Balance and the Economic Cycle December 18, 2008

March 6, 2009 - Global fiscal stimulus is essential now to support aggregate demand and restore economic growth. The International Monetary Fund has called for fiscal stimulus in as many countries as possible, including emerging market and advanced economies. This paper uses simulations with a multi-country structural model to show that worldwide expansionary fiscal policy combined with accommodative monetary policy can have significant multiplier effects on the world economy.-INTERNATIONAL MONETARY FUND




July 6, 2009 - Given the revised economic outlook, updated assumptions, and announced post-budget measures, PBO is now projecting cumulative budgetary deficits of $155.9 billion over the 5-year projection period 2009-10 to 2013-14. The budget deficit is expected to peak at $48.6 billion (3.2 per cent of GDP) in 2009-10, improving to $16.7 billion (0.9 per cent of GDP) by 2013-14. Economic and Fiscal Assessment

November 2009 - Reflecting the better-than-expected employment performance since May and upward revisions to real GDP growth, private sector forecasters have revised down their outlook for the unemployment rate in the near term (Table 1-4). Based on the September 2009 PBO survey, forecasters expect the unemployment rate to average 8.4 per cent in 2009 and 8.9 per cent in 2010 – lower than the 8.7 per cent and 9.4 per cent, respectively, expected in the June survey. Economic Fiscal Update


April 9, 2010 -  March’s employment increase brings total gains to 176,000 (+1.1%) since July 2009. Employment edged up by 18,000 in March, continuing an upward trend that began in July 2009. The unemployment rate remained unchanged at 8.2%.- Labour Force Survey


April 10, 2010 - Where the Helena Guergis media frenzy is most beneficial to Liberals is that it is distracting attention away from our sensational economic recovery. - The Iceman This story should be shouted from the rooftops because it affects every Canadian unlike other stories that the Lame Stream Media's been focused on lately. - Chasing Apple Pie



Priorities can be a problem for some political parties.
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