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The average person wants a job as it supplies a means in the form of wages to pay for goods and services. From the government point of view; jobs are a means to create goods and services needed for public consumption. The government is happy enough to pay workers to dig holes for half the day and then spend the rest of the day filling the holes back up again. Jobs are merely a means to end and the economy keeps chugging along as long as people have money to spend for the things they need. But fortunately the government realizes that people are happier if they are working at a job which contributes to society as opposed to merely digging holes and filling them up again.
The rate of unemployment in a country is a strong indicator of the strength of the economy and the health of its society. If the economy is strong, anyone who wants to find a job should have little problem finding one, and therefore a low unemployment rate. A country experiencing a recessionary period will suffer a higher unemployment rate.
One of the reasons Canada entered into free trade was the high expectations for increased trade volume and job creation. Not a bad plan when you consider the flow of dollars through the Canadian economy and its spin offs of increased productivity and decrease in the unemployment rate. But what really happened when Canada entered into free trade was a series of events which brought the country into a recessionary period. Canada experienced a net loss of 138,000 jobs in the manufacturing section and had the worst rate of productivity among the G-7 countries. The desire to protect Canadian industry and jobs has giv ...