Earlier this week, Canadian Prime Minister Justin Trudeau was seen on video mocking President Donald Trump for speaking with reporters at length at an international summit in London, according to Fox News. But now, it looks like Trump is getting the last laugh.
The jobs reports are in for both the United States and Canada, and according to the Daily Wire, Trump has all the reason to celebrate — while Trudeau should be hanging his head.
American economy booming
Below the Canadian border, there were records set both in employment and unemployment in November. The U.S. Bureau of Labor Statistics’ (BLS) latest report shows that 266,000 jobs were created in the U.S. last month, far surpassing the predictions of economists, who were expecting the number to be somewhere around 187,000.
This is the second consecutive month of record-high employment.
And in the area of unemployment, the U.S. is seeing low numbers that it hasn’t seen in 50 years, according to CNBC. The BLS reported last week that unemployment dropped to 3.5% in November for the first time since 1969.
“GREAT JOBS REPORT!” President Trump tweeted in response on Friday. And indeed, it is.
Canada’s slump continues
Unfortunately for Canadians, Trump’s counterpart up north isn’t doing as well on the economy.
“Canada’s job market unexpectedly weakened for a second-straight month [in November], registering the biggest drop in employment since 2009 and casting doubt on the resiliency of the domestic outlook,” The Financial Post reported, according to the Daily Wire. “The economy lost 71,200 jobs in November, Statistics Canada said Friday in Ottawa, following a decline of 1,800 in the prior month.”
While Trump is upsetting economists’ expectations in a good way — doing better than expected — Trudeau is doing just the opposite: “The report missed the median economist forecast for a gain of 10,000 jobs,” the Post noted, according to the Daily Wire.
They went on: “The unemployment rate increased to 5.9[%] in the month, from 5.5[%] in October, the biggest one-month jump since 2009. The decrease in employment was broad-based among both the goods-producing and service-producing sectors.”
Trudeau’s embarrassing performance is perhaps summed up best by Donald Trump, Jr, who tweeted Saturday:
For perspective the US is about 10X the population of Canada so this would be the equivalent of America shedding 700,000 jobs. Yikes!
Maybe Justin should watch @realDonaldTrump & learn how to create jobs… or go back to being a substitute drama teacher.
Either way Canada wins! https://t.co/uwq0sGJFdD
— Donald Trump Jr. (@DonaldJTrumpJr) December 7, 2019