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House Hansard - 58

44th Parl. 1st Sess.
April 26, 2022 10:00AM
Context: House Hansard - 58 - Apr/26/22
Mr. Kevin Lamoureux (Parliamentary Secretary to the Leader of the Government in the House of Commons, Lib.)
  • Apr/26/22 11:47:43 a.m.
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Madam Speaker, anyone listening to the member opposite could very easily get quite depressed. I do not think that Canadians need to be as worried as the member tries to portray. A lot can be twisted around in the numbers, so let me share a couple of reality numbers for jobs. Jobs are important, and today our unemployment is at record lows. We would have to go back generations to get a lower unemployment rate. Do not quote me on this, but I believe it is right around 5.5%. It was many years ago that we had that sort of unemployment rate. When we talk about the issue of inflation, which gets a lot of airtime here, it is important to recognize that there is a global situation, whether it is the pandemic or the war in Russia. The inflation rate is higher in the U.S. It is also higher, in terms of the average, in the European Union countries. Would the member provide his thoughts on those two statistics?
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