Page THE HERALD Wednesday May 1991 Money Matters Encouraging signs for North American economy Slowly haltingly the North American economy is emerging from the depths Signs are few but encouraging The April unemployment rate in both Canada and the United States dropped business con fidence soared to its highest point since in the first quarter and housing starts rebounded in April from a month earlier But consumers are still gloomy doubtful tha the is over For some parts of the country they may be right On Friday Statistics Canada reported that Canadas jobless rate dropped to 10 per cent in April from 10 5 per cent in March I called Philip Cross Statscans chief of current analysis to see how he interpreted the drop Its a sign the worst is behind OSBORNE DECOR Custom Mode Verticals Drapes And Bedspreads FREE SHOP AT HOME SERVICE INCREDIBLE SAVINGS ON BRAND NAME FURNISHINGS AT WHOLESALE PRICES Ontario Chesterfield Wholesalers Guelpn COUNTRY SIM BUTCHERING Custom Killing Cutting and Wrapping Government Inspected 4168771194 fl Oil Fit BoNnd Sat 1 noon Meats on Tmfalow HEARING AIDS Aid Sofas Service To Alt Makes HEARING AID CENTRE GEORGETOWN us Mr Cross said But the number is equivocal he caution ed That does not mean the recovery is here UNUSUAL PATTERN Two forces combined to lower the jobless rate he noted more jobs and few people looking for them The labor force shrank because people became discouraged and dropped out The number of discouraged workers grew from the previous month he noted The pattern is unusual Typically the unemployment rate continues to rise early in a recovery That is because people who had given up looking for work begin again swelling the labor force This causes a tem porary bulge As well new jobs were concen trated in the lowestpaying sector of the economy part time employment in the community business and personal services sector Other sectors showed lit tle change I would feel better if the goodsproducing industries pick ed up he said Instead employ ment was down indicating that there is still a bit of inventory overhang before they start pick ing up On Thursday the Conference Board of Canada released its quarterly confidence survey Business confidence leaped The percentage of business ex ecutives who expected the economy to improve m the next six months jumped to per cent in March from 4 per cent in December the survey shows Thats the most confident business people have been since 1984 the Conference Board said CONSUMERS DOUBTFUL Consumer confidence though was little changed from the previous quarter Only 18 per Co Service Bulletins If you are a nonprofit or ganization service club or charity or church group and would like us to publish your community service announce ment of community interest call us at during regular office hours There is no charge for this service to Halton Hills community groups The deadline for submissions is Friday at Noon for publication for the following Wednesday Deadlines will not be extended Although we will do our best to print all announcements space is limited and there are no guarantees of insertion Happenings Hills Ambulance Service Is willing to provide your school club business or group with short or long preset lions on the nature and history of the Service For more Hon call Phil at and leaves message Summer School of the Performing Arts at Nelson High School Oakvllle July 1 19 Deadline or registration May IS For I ion contact AliveMature Driving and In nova live classroom retrain program or mature drivers lo improve driving skills Starting In May and June Available through Ac ton Social Services and In formation Centre Call Sue 8533310 St Francis Catholic School is holding a Pun Day Mini Carnival on Saturday May from a to I St Francis Catholic School Duncan Drive George lawn welcome for more information call Karen Paler son Peace Rose Chapter Order of The La a tern Star presents Fashions by Elizabeth Tuts day May Credit Masonic Temple Trafalgar Georgetown Tickets Includes refreshments Proceeds to go to The Heart and Stroke Faun of Ontario Tickets from or Door Prizes Georgetown District High School Music Department Spring Concert in the on Thursday May at For more Information the school at Meetings Open Door Teen DropIn Centre and The Parents Pro- meeting Saturday May at 9 00 a m at St George Anglican Church For more information call Ann at Cindy al Hills United Way Annual General Meeting Wednesday May p m Acton District High School Cedar Road Refreshments welcome Rotary Club of Georgetown meets Mondays at p the Chateau Restaurant For more information call Ian Acton Lions Club meet the 2nd and Wednesday of the month at pin at Legion Branch Acton For more informa lion contact Dave Lioness Club of Georgetown meet at the members homes on the 1st and 3rd Wednesday of the month For more Information contact Louise Giffln at Meetings of he Region of Peel VBAC Support Group held the 1st Tuesday of each month end offer sup port and discuss birth options Call or PINS Parents In Need of Sup port meet at Trinity United Church Mill Street in Acton on the 3rd Thursday of every month al pm For more Information call 8531512 Kiwanls Club or Georgetown meets Wednesdays at the Halton and Country Club for a noon luncheon For in formation contact John Schal jo at 8775206 Crime prevention seminars for all Hills businesses at 11 Dlv community room Street Thursday May and Wednesday May at Contact PC Laurel or Sgt Dave Gurilllams at 8785511 Holy Cross annual general meeting May 15 m at Ho ly Cross School gym Speaker Shirley educator of the Parent Center For information or tickets coll or Kinsmen Club of Georgetown meet every other Wednesday at the Hotel at pm For more information call Ron Lions Club of Georgetown meets every Tuesday at the Lion a Hall on Mill Street behind the Arena at pm For more In formation call Bill Mason at The Rotary Club of Acton meets Thursdays at pm at the Wooden Hearth Restaurant For more Information call Brian Robertson 8531653 Georgetown Branch 120 Royal Canadian Legion monthly meeting tie Thurs day of each month at the Georgetown Legion Branch Mill Street Georgetown For more Information call Optimist Club of Georgetown meets 2nd and 4th Tuesday of the month at al the club For more In formation contact Sandy Booth at Living With Cancer Group meels every second Thursday at the Canadian Cancer Society Branch 751 Main Street Last For more inWrmatlon call 8775228 Hills Toastmasters meet Mondays at p m at Glen Williams Town Hall For more Information call Don at Or Paul The Georgetown Newcomers will hold their next meeting on Wednesday May 15 at 7 at ihcir new location at Cakes of Elegance 103 Main St Georgetown Two guest speakers are Bruce Harding and Graham History and Slide Show of old Downtown Georgetown and Oxbow Book Building For more Information all Bonnie Milton Christian Ladles Coffee Centennial Manor 125 Ontario St Milton Main Auditorium Wed May 15 from am to 11 am Special guest The Plant Lady Miss Martha Veldhuls Free babysitting and admis sion You are Invited to attend the Georgetown and District Red Cross Annual Meeting and Awards Night at St Georges Anglican Church Street on Monday May 1991 at 7 Slides of Sudan will be shown Everyone welcome Light refreshments Amnesty International Halton Hills Group Is meeting at St Tone is of Asslsl School Dun can Drive Georgetown Tues day May at 7 m For more Information contact Cheryl at S770331 Come and be a part of this world wide human rights movement Volunteers Volunleer training session to celebrate Mental Health Week Open to everyone Mon days at 7 May 13 June at Kerr St Call for more information Georgetown Vintners are looking for amateur For more Information call Red Cross Georgetown and District requires volunteers to assist in Finance and Public ly driving and First Aid true lions For more Hon call Bernice at 5233 Alcoholic Anonymous can help Call 8771211 for more in formation Canadian Mental Health As socio tion Region Branch needs volunteers for tion programs on Tuesday Wednesday and Thursday evenings In Burlington and Acton For more information call Laura Mc at The Salvation Army will pick up appliances in working order For more information call JAKES AUTO CLEAN Come On Over Like To Meat Slum Cleaning Interior Shampoo Under Car Scotch Guard 265 GUELPH ST 8773802 FORGET OUR ADDRESS CHANGE PLACE Hut MmI Flee Relardant Engine Shampoo Sheen Paint Touch Up GEORGETOWN Whats Cooking at STEAK EXPRESS cent of people surveyed said they expected their financial situation to improve over the next six mon ths The exception was British Columbia where consumer con fidence rose What does it all mean Likely that the economy will roll out of recession sector by sector region by region in much the same way it rolled in So far auto sales have yet to improve This is critical because cars drive the North American economy Chances are Ontario and Quebec will bounce along the torn for some time yet before recovering British Columbia and Alberta will lead in economic growth over the next year or so Fortunately the prospect of a rolling recovery augurs well for further drop in interest rates OFF BATH OR CLIP AT PET JUNCTION Clip This Coupon Save All Bread Grooming SuppliesCats Welcome PHONE FOB APPOINTMENT 8737990 Appointment not JAMES STREET GEORGETOWN WERE YOUR INSURANCE BROKERS WE UNDERSTAND PAUL C ARMSTRONG INSURANCE BROKERS LTD 143 MILL ST Hills Georgetown Ontario Slides Register Your Patterns And Receive Your Purchases EMERALD ISLE BEDROOM GALLERY 8732753