Perhaps the very best news for Canada's trade negotiators. Strong evidence that Trump's tariffs are harming the American economy more than the Canadian economy.

America's inflation rate is much higher than that of Canada.

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[–] Unleaded8163@fedia.io 10 points 3 weeks ago

Meanwhile https://www.cnbc.com/2026/08/07/jobs-report-july-2026.html

U.S. economy unexpectedly lost 23,000 jobs in July

[–] avidamoeba@lemmy.ca 4 points 3 weeks ago

Not bad given the current state of affairs.

[–] Zorque@lemmy.world 2 points 3 weeks ago (2 children)

Cool, are they good jobs?

[–] Rat_in_a_hat@lemmy.ca 6 points 3 weeks ago

said most of those gains were split between full- and part-time work, as wholesale and retail trade alone added 21,000 new jobs.

I remember reading the employment report a few months back and it said majority of the jobs were part-time.

Another reason why 'unemployment rate' isn't the best metric, but it's good enough for economists to write articles.

[–] ProudCanadianCitizen@lemmy.ca 0 points 3 weeks ago (2 children)

Ahh, yes. If an immigrant takes the low-paying job, he is taking a job from a Canadian. If a Canadian takes the same job, it is a disgrace and shouldn't count because it is so low paying.

You can't make ends meet if you are single-income and minimum wage, but it sure helps the family budget if the minimum wage job is a second income.

[–] Zorque@lemmy.world 3 points 3 weeks ago

What the ever loving fuck are you talking about?

[–] DerisionConsulting@lemmy.ca 3 points 3 weeks ago

Why are you bringing up immigrants out of no where?

"More" jobs isn't always a good thing.

If a full time position gets removed, and is replaced by 3 people who only get 12 hours a week each, that increases the number of jobs, but isn't really a positive thing.