Thursday, September 10, 2009

Canadian Unemployment Rates 1976-2006

To view larger click on chart
Previous Recessions Resulted
In Higher Unemployment

The above chart shows the unemployment rates in Canada for the period 1976 - 2006 and also shows which party was in power during the time.

The highest unemployment rates were in 1983 at 12.0% under a Liberal government and the second highest was ten years later in 1993 at 11.4% again under a Liberal government.

I realize that both parties will try to make political 'hay' from the above stats but I think they probably show that government itself has very little to do with the unemployment numbers. I have noticed something during my time observing politicians; when times are good they are always quick to take the credit for it, but when times are bad they are always the victim of external forces!


No comments:

Post a Comment

Your comment will appear after moderation before publishing,

Thank you for your comments.Any comment that could be considered slanderous or includes unacceptable language will be removed.

Thank you for participating and making your opinions known.