Friday, January 09, 2004

It turns out there were plenty of new jobs created in December ...

... in Canada:

The Canadian economy finished 2003 on a strong note, generating new jobs at more than twice the expected pace in December, Statistics Canada said Friday.

...In the final month of the year, the Canadian job market — which had stalled for much of the early part of 2003 — added a surprising 53,100 jobs. That marked the fourth consecutive month of employment growth in this country and far exceeded even the most optimistic forecasts.

...Most of December's new jobs were full-time. In total, 45,500 full-time positions were created, while an additional 7,600 part-time jobs were added to the payrolls....


--Toronto Globe and Mail

The population of the U.S. is about nine times that of Canada, but we didn't add 477,900 jobs in our economy in December -- as you probably know, we added 1,000.

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