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Stock impact report

The Liberals are crowing about job creation, but beware the devil in the data [Financial Post (Toronto, Ontario, Canada)]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Company Research Source: Financial Post
The Liberals are crowing about job creation, but beware the devil in the data Canada’s economy is on track to end the year with a whimper, not the roar implied in the latest hiring figures: Kevin Carmichael Bill Morneau couldn’t resist attaching himself to Statistics Canada’s latest hiring numbers , which put the jobless rate at 5.6 per cent in November, the lowest in a dataset that dates to 1976. “Under our plan, Canadians have created over 800,000 new jobs,” the finance minister tweeted on Dec. 7. “That’s real progress.” Others chimed in. Mary Ng , the small-business minister; François-Philippe Champagne , the infrastructure minister; and Amarjeet Sohi , the natural resources minister, all made note of the excellent news. “Our plan for jobs, families, and the middle class is working,” Champagne informed his filter bubble. A closer look suggests that Morneau or a member of his staff did some tinkering to come up with that big round number. Justin Trudeau’s go Show less Read more
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