Both Canada and the United States released employment data this morning.

In Canada, there were 52,000 new jobs, and the unemployment rate rose to 7.4%.

Canadian unemployment rate, according to Statistics Canada.

In the United States, which has 10x the population of Canada, there were 114,000 new jobs, resulting in a decline in the unemployment rate, and a rise in the labor force participation rate. I’m sorry, the only way this is possible is if approximately 2 million Americans were shipped off to Afghanistan, or some other far away place.

 

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