In both the US and Canada, employment and GDP numbers are going in different directions. Employment rates are at all-time highs in Canada, and they’ve been falling (from a not-particularly high starting point) in the US. OTOH, US GDP numbers have been outperforming those in Canada.
Why?
I suppose one place to look is the movements in the terms of trade. In Canada, we may not be producing much more, but what we produce – notably commodities – commands higher prices than what it used to. In the US, this trend works against them.
It is the result of (empirically revealed) opposite reaction of labor force participation rate and productivity to real economic growth in the US and Canada.
The driving force of labor productivity
http://ideas.repec.org/p/pra/mprapa/9069.html