Thread by @MilesCorak, The Canadian unemployment rate is set to jump from historic lows to [...]

Miles Corak

MilesCorak

The Canadian unemployment rate is set to jump from historic lows to historic highs when @StatCan_eng announces the March numbers on Thursday morning.

#cdnecon

With help from an amazing programmer, and by using @vb_jens R package that retrieves @StatCan_eng data tables,

I've developed a dashboard you can use to visualize important Labour Force Survey data.

https://milescorak.shinyapps.io/JobsAndUnemployment/

Give it a try, and give me feedback.

#cdnecon

More Canadians are employed in the "Wholesale and retail trade" sector than in any of the other major industries, as of February 2.88 million, and jobs in that sector are set to nosedive. #cdnecon

There has been steady employment growth since the bottom of the 2008 recession, just how much of that gain will be given back? #cdnecon

On Thursday morning @StatCan_eng will give a first, but provisional, number

The forthcoming @StatCan_eng report is provisional only in the sense that events are moving so fast that they have even outpaced this monthly survey, which will capture a picture of the labour market between March 15th and 21st.
#cdnecon https://wp.me/p1Ydsu-2gD

Canada’s unemployment rate will likely double to 10%, and that’s an understatement

Normally, I don’t venture into to predicting month-to-month changes in the unemployment rate, but this month is an exception for two reasons. The changes are certainly going to go well beyond…

https://wp.me/p1Ydsu-2gD

There are good resources on Twitter if you need to learn more.

Read @BrendonBernard_
https://www.hiringlab.org/en-ca/2020/04/07/march-lfs-preview/

Follow @tammyschirle , @kevinmilligan , @CraigA_Eco and certainly others

#cdnecon

March Labour Force Survey Preview: Key Trends to Follow Beneath the Headlines - Indeed Hiring Lab...

It’s clear the March employment numbers — covering the week of the 15th to 21st — are going to be ugly.

https://www.hiringlab.org/en-ca/2020/04/07/march-lfs-preview/

And read my explainer on the @StatCan_eng Labour Force Survey, and what to look for in the March numbers

https://wp.me/p1Ydsu-2fS

#cdnecon

What you need to know about Statistics Canada’s survey of the labour market

On Thursday, April 9th Statistics Canada will release the results of the Labour Force Survey for the month of March 2020. COVID19 makes this one of the most scrutinized releases in the 75 year hist…

https://wp.me/p1Ydsu-2fS

My "Canada's Labour Market" dashboard complements my explainer, and will be updated first thing on Thursday morning with the March numbers, but give it a test run now! #cdnecon

https://milescorak.shinyapps.io/JobsAndUnemployment/

You can follow @MilesCorak.

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