Tom Sweeney

It's a coming of age tale….

Unemployment is on the rise…

Posted by sweens on January 9, 2009

Yahoo News is reporting this morning that unemployment in Canada has risen three tenths of a point to 6.6% after closing out December.  The article went on to state that over 34,000 jobs were lost which stemmed from 70,700 full-time jobs lost offset by part-time gains.  December marked the second straight month that unemployment has risen across the country.  Many of these lost jobs have been attributed to the decreasing value of oil on the market as well as the slow down within the housing industry which is at its lowest point in 7 years.


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