Very belated update: As a faithful reader of Andrew Gelman's blog, I've been wondering if there was a better way of conveying this information. I think a bar chart would have been better:
What feature of
this graph these graphs do you think is most important in a discussion of monetary policy?
- The 1.4m new jobs in Canada?
- The 480,000 new jobs in Ontario?
- The 80,000 fewer jobs in the Ontario manufacturing sector?
If you answered (3), then you might consider applying for a job writing Toronto Star editorials; it's pretty much the only place on earth where such silliness is viewed as serious commentary.
*For those of you trying this at home, the data are taken from Cansim Table 281-0025. The data are monthly, and I took the quarterly averages.