Not all statistics tell the full story

“We don’t know whether people are departing for new employment, or if they are exhausting benefits and persisting in the unemployment pool – and that is problematic"-- Toronto Dominion economist Grant Bishop, highlighting a major discrepancy between official unemployment numbers and what the real rate may be.

The latest EI statistics have been released across Canada, the monthly summary that charts the number of Canadians engaged in the workforce or chronicling the numbers of those that are on an active EI claim. Numbers which show a slight decline in August across the country, but are twinned with indications of growing numbers of unemployed in BC and Ontario…

(from  the blog a town called podunk, click on the link below to see the entire article … 4138008150 )