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The problem with OECD is that is includes some not-quite-developed countries like Turkey and Poland. Not sure it is a valid comparison, as these economies are still catching up.

I wonder how the employment growth rate compares with the growth rate of the labour force? Given the elimination of a standard retirement age plus immigration, I'd suspect that Canada's labour force grew by more than employment did over that period.

I always wondered about that too Frances.

Also the G-7 have the biggest financial industries and this was a financial crisis.

Based on my experiences there's not exactly a plethora of jobs out there in Canada, at least not quality ones. In fact despite the technically poorer labour market performance my job applications tend to go much further with American companies then Canadian ones. I think relative to immigration and considering what kind of jobs were created in Canada the Canadian employment growth looks even less spectacular.

"Ranking Employment Performance"

What about ranking retirement performance?

The lack of opportunities coupled with an appalling long time frame from ad to hire (6 months if you're lucky) makes a mockery of the EI system's duration cap.

The HR foot-dragging has to say something about companies true expectations.

Determinant: "Also the G-7 have the biggest financial industries and this was a financial crisis."

Yeah, but finance wasn't the hardest-hit sector thanks to interventions like TARP. If you look at GDP by industry in the US, finance is doing above average. As of 2010 they were up about 7% from Q4 2007, versus nearly 0 for the economy as a whole. It is manufacturing and construction that have borne the brunt of the crisis, falling 15-20%.

Also, the G-7 varies depending upon what kind of finance you are talking about. For instance, Germany doesn't have a big securities sector, compared to the US or UK. It has a bank-led financial system.

I meant it was a crisis generated in and by and with finance as the primary culprit.

Those who caused the crisis and those who suffered from it are of course different things.

I do know Germany has a different model where banks take ownership stakes more readily, but the Euro Crisis shows even Germany is vulnerable.

The current Euro Crisis is just the latest iteration in the game of "Pass the Misery" we've been collectively playing since 2008.

I live in Turkey, and you can look at the employment/unemployment numbers there with a critical eye.

The reason? Inaccurate statical data for rural areas in Turkey.

For political reasons, the true unemployment rate (at last look) hardly was being calculated. Not sure they are even counting rural unemployment, and by the amount of migration to cities, and the amount of people in village cafes (female employment is nothing to male employment as well), tell me that things are not so accurate.

And externally based investment is huge. It remains to be seen how sustainable things are at the moment - rapid inflation remains a concern.

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