Job creation will now be the First priority for Harper
Now it is expected that the Harper should concentrate on creating more jobs to bring down the unemployment rate of the country which is rising at an alarming rate.
Stephen Harper the Conservative leader has again gain the government under after the recent elections held early this month. He should again work with the same zeal as he did before and help the country from reviving from the recession and emerges as a healthy economy in future.
Throughout the world he is appreciated how well the Canada has moved up from the recession and reclaimed its losses in terms of the output and in the employment sector. Now he should carry working on the promises he has made during the election campaign by him. He should make it a priority to work for the fuller recovery and the growth of the country. The main emphasis by him should be now on the creation of jobs and bring down the unemployment rate of the Canada.
Soon statistics Canada will reveal the true figure regarding the unemployment rate prevailing in the country. Currently it has been found that in spite of increase in the numbers of jobs still the estimated unemployment rate is as high as approximately 7.6 to 7.7 per cent, which is an alarming figure.
Also recently the economists from Bank of Nova Scotia have forecasted that the unemployment rate may continue as around about 7.5 per cent even in the coming year 2012.
The economists are expecting the Statistics Canada reports might come out with a result showing a minor decrease of jobs in month of March and increase in jobs from around 15, 000 to 25,000 for the month April. But still the topic for worry remains that such high unemployment rate is not tolerable and seems to quiet challenging for the Conservatives to deal with.
According to the Toronto Dominion Bank economists report, they said going through the monthly scenario it is expected that three month pace of job building will slow down the jobs to only 13,000 as the 69,000 jobs created in January is out of calculation only.
The report further stated as this steady pace has already helped the labor market to recover the number of jobs which was lost during the recession and now it is going through bigger challenge of delivering jobs against the comparatively slower pace of the economic development.
It has also come to notice that unemployment among the youngster around the age group from 15 to 24 is as high as 14.4 per cent which is a factor of major worry for the country government