Unemployment rate increased 0.2% points to 6.4%: economist

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  • Опубліковано 4 лип 2024
  • Brendon Bernard, senior economist at Indeed, joins BNN Bloomberg to discuss the latest report on Canada and U.S. jobs data.
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КОМЕНТАРІ • 73

  • @Brian-dg3gh
    @Brian-dg3gh 22 дні тому +41

    But we are told there is a labour shortage and must import workers. Very confusing.

    • @franklininterviewsvancouve8605
      @franklininterviewsvancouve8605 22 дні тому +5

      Maybe just mayyybeee somebody's lying?!?!! Ohhh that can't be!!!!!

    • @ajaxstone
      @ajaxstone 22 дні тому +3

      the key is labour shortage at what price point?

    • @Brian-dg3gh
      @Brian-dg3gh 22 дні тому +5

      @@ajaxstone importing more people lowers wages, genius.

    • @user-wh2dx8ro9v
      @user-wh2dx8ro9v 21 день тому

      There’s a liberal voter shortage. They’re trying to import liberal voters

    • @APICSKH
      @APICSKH 21 день тому

      Our boss openly tells us to get out if asked for raises, as he mentions the number of applicants he has for the same jobs.😢

  • @gmarks1559
    @gmarks1559 21 день тому +9

    Canada doesn't have a productive economy. We had a debt binge based on a real estate asset bubble.

  • @aldenhagel5082
    @aldenhagel5082 22 дні тому +10

    Unexpectedly???

  • @Yelllowchild7
    @Yelllowchild7 22 дні тому +13

    Yet home prices are still not falling

    • @citizenm9590
      @citizenm9590 21 день тому

      PC leader Pierre Poilievre is one the main problem as he owns multiple properties and the greed causing unfordable housing. I will not vote for him unless I'm very rich as his policy will help the very rich not the average middle class or low income folks.

    • @avijitbasu5789
      @avijitbasu5789 21 день тому +1

      ​@@citizenm9590As if Justin and Jagmeet , are hard working Canadians with no financial assets worth millions!!!

    • @APICSKH
      @APICSKH 21 день тому

      @@citizenm9590nice joke😂

    • @abcdedfg8340
      @abcdedfg8340 20 днів тому

      Listed prices, see what they actually sell for.

    • @abcdedfg8340
      @abcdedfg8340 20 днів тому

      I could try to sell a fork for 50 dollars but will anyone buy it? Listed prices may not reflect selling prices, you should read into that.

  • @john_doe_not_found
    @john_doe_not_found 22 дні тому +7

    Brendon has too many verbal ticks, "uh" is 90% of what he says.
    Wage growth is baked in because of contracts that have been signed in response to previous inflation. Wage growth has not caught up to inflation yet, every worker today is still poorer than he was in 2021. Wages have also increased because the government has added so many public sector jobs. Too many, basically a workfare program that current taxation cannot afford, in an attempt to make the economy of Canada look better than it actually is. We are borrowing against our future right now, to try to fund our current lifestyles, without addressing the fundamental private sector employment shortfalls.
    Canada currently has a poor industrial base. Gifted with resources we refuse to exploit.

    • @agentassfart3046
      @agentassfart3046 21 день тому

      LOL i was thinking he talks like justin trudeau

    • @APICSKH
      @APICSKH 21 день тому

      Best comment and agree 100%

  • @avijitbasu5789
    @avijitbasu5789 21 день тому +10

    Bring more immigrants, more international students and face the music.

  • @RC-fh2lk
    @RC-fh2lk 22 дні тому +5

    Honestly, does anyone really know what they are doing. We elect people who appoint people to take care of these problems.

  • @xtynd
    @xtynd 22 дні тому +4

    I'm afraid Trudeau's effort to make more hotels state-owned will only make the homeless finally a new professional group. What's the point for the 9-to-5s to work with so little pay but enjoy nothing free?

  • @JessT-vg7ib
    @JessT-vg7ib 22 дні тому +15

    It's all going according to plan.

    • @Lpmeff
      @Lpmeff 22 дні тому

      Don’t close your eyes Trudeau has 2 billion

  • @trails3597
    @trails3597 22 дні тому +8

    We have a shortage of construction, healthcare and services jobs. Why aren't business and govt hiring?

    • @prao4603
      @prao4603 22 дні тому

      Cause labour shortage is a myth

    • @MeMe-cz6pk
      @MeMe-cz6pk 22 дні тому

      Budgets.
      Failed government policy and incompetence.
      Uncertainty.
      Bureaucracy

    • @trails3597
      @trails3597 22 дні тому

      A shortfall of money due to interest rates?

    • @supernova14114
      @supernova14114 22 дні тому

      Because Justin Trudeau and the Liberal/ NDP government are sending Canada to the poor house.

    • @Relaxlifeisshort2
      @Relaxlifeisshort2 21 день тому

      Soft landing lol what a joke please tell the truth
      Numbers in us are false
      Gaslighting.
      Come on man dont be afraid to say it.
      Dont join the other media bull

  • @user-kv4kp4co1r
    @user-kv4kp4co1r 22 дні тому +5

    Pump more in the housing market.

  • @User-toronto7
    @User-toronto7 22 дні тому +6

    Canadian statistics is liberal driven, situation way more worse.

  • @seanothepop4638
    @seanothepop4638 16 днів тому

    I am not related to any collection of information concerning the loss of jobs and as a dumbass I am not surprised and could have told you that we were going to keep losing jobs. Where's the fucking surprise? I'm not even getting paid to know this.

  • @wademacphee3924
    @wademacphee3924 19 днів тому

    Inflated economy the last number of years. Too bad about those peaple that owe a bunch back to the banks. They need to accept bankruptcy

  • @jeep9978
    @jeep9978 21 день тому +1

    Can we trust any of these numbers?

  • @AmritSingh-lq8ki
    @AmritSingh-lq8ki 21 день тому +1

    But my wage is lowered by $600 a month
    And 500-1000 other employees in just my company
    And same thing is confirmed in other peer companies

    • @APICSKH
      @APICSKH 21 день тому +1

      Same here, I didn’t see wage increase in last 3 years

    • @abcdedfg8340
      @abcdedfg8340 20 днів тому

      Are both your companies now suffering productivity problems because people are burning out from having to do side jobs just to survive instead of getting time to rest and recharge?

    • @APICSKH
      @APICSKH 20 днів тому

      @@abcdedfg8340 Luckily the wise spending habits saved me, I must be honest, I just don’t put as much effort I used to.

  • @F_e_l
    @F_e_l 22 дні тому +2

    I think we should jack up minimum wage more....that will make us more competitive and lower inflation...........oh wait.

  • @hbbstn
    @hbbstn 21 день тому

    Why is nobody saying the population btw15 and 25 soared in the past year? 7% plus versus below 3% for other age brackets.

  • @billyt3130
    @billyt3130 21 день тому

    Leave rates alone, and close the border, let's fix this mess.

  • @antonguri4923
    @antonguri4923 18 днів тому

    I like it

  • @ron.mexico.
    @ron.mexico. 22 дні тому +1

    Rates are going to down…Woooo
    Unemployment increasing…uh oh
    Economics 101

  • @jackhsiehhautecouture
    @jackhsiehhautecouture 22 дні тому

    O hai from Vancouver

  • @i6n57
    @i6n57 22 дні тому +3

    Sunny way

  • @michaelciccone5950
    @michaelciccone5950 22 дні тому +2

    That was painful to follow

  • @basedpinkcanary3624
    @basedpinkcanary3624 22 дні тому +4

    Brendon buddy, are you okay? My boy got a bad stutter going on..

  • @bhaalgorn
    @bhaalgorn 22 дні тому

    Is this hasimir fenring?

  • @easyE0287
    @easyE0287 19 днів тому

    Is he nervous or just a stutterer? That was painful to watch and hard to follow. Reminds me of Justin Trudeau when he gets grilled by tough questions

    • @ninjashep5264
      @ninjashep5264 День тому +1

      I assume a stutter & don’t really judge

  • @kamenidriss
    @kamenidriss 22 дні тому +2

    Thank you Liberals, Job well done.

  • @APICSKH
    @APICSKH 21 день тому

    This guy is out of touch. Ough ough ough😂

  • @toasty-toast
    @toasty-toast 22 дні тому +2

    Too many umms and ahhs from this guy

  • @hchalz
    @hchalz 22 дні тому

    Clearly Trudeau and Freeland must create more jobs in the Canadian government.
    How about creating a new ministry, maybe Job Creation Ministry? We can easily hire 5MM people

  • @down0068
    @down0068 22 дні тому +4

    Dude was having a stroke

  • @JT.Pilgrim
    @JT.Pilgrim 22 дні тому

    The obvious thing to do is put a maximum wage. Wage growth for who? If you raise minimum wages prices go up. Put a maximum income and stop this crap!

  • @citizenm9590
    @citizenm9590 21 день тому +1

    No jobs but properties prices are going up. PC leader Pierre Poilievre is one the main problem as he owns multiple properties and the greed causing unfordable housing. I will not vote for him unless I'm very rich as his policy will help the very rich not the average middle class or low income folks.

    • @abcdedfg8340
      @abcdedfg8340 20 днів тому

      Be careful. Are you referring to listed or selling prices. There is a huge difference in those definitions.

  • @gechgr1850
    @gechgr1850 22 дні тому

    Still well below historical average. Boo hoo.