| The latest jobs report from StatsCan was utterly abysmal: Some 85,000 jobs lost in a single month in the private sector, offset only by a 30,000 increase in "self-employed" people -- which is interpreted by economists as a sign people are giving up looking for work. The unemployment rate rose to 7.2 per cent from seven per cent. But behind the latest data is a long-term trend that looks even more worrisome than this one monthly jobs report. Continue reading...
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