Finance Minister Skillet Jim Flaherty warned that worse was

Finance Minister reviews Skillet Jim Flaherty 10 inch skillet indicates warned that worse was stillto come "We're in for a very difficult year. We regrettably aregoing to have to expect continuing job losses in Canada,"Flaherty told reporters in Thornhill, Ontario. Flaherty said he would address growing unemployment in hisbudget on Jan. 27, mentioning possible measures to encourageretraining and job-sharing. The downturn in construction -- and housing in particular-- was confirmed by another report showing housing starts fell0.4 percent in December after plummeting to a seven-year low inNovember. November building permits -- an early indicator ofconstruction activity -- signaled the growing cracks in thehousing market. The overall value of permits fell 11.8 percentin the month to a 21-month low and residential permits sank 9percent.

"The Canadian housing correction is here, and will continueto weigh on construction activity," said Robert Kavcic,economist at BMO Capital Markets skillet awake . Canada's housing market has been far more robust than thatof the United States, shielded from the subprime mortgagecrisis by more conservative lending practices 10 skillet . The latest numbers reflect an "orderly unwind" rather thana meltdown, according to Ian Pollick, economics strategist TDSecurities 12 skillet . But Stewart Hall, markets strategist at HSBCCanada, says the lesson from the 1990 housing crash was that"once the housing markets begin to slide, the slide is oftensteep." "And there are grounds to suggest that just such a slidehas begun," he said 14 skillet .

The dismal fourth-quarter data may push the Bank of Canadato reduce its overnight lending rate, already at a 50-year low,by another half-point this month to 1 percent Some analystsexpect a milder quarter-point cut skillet monster . "It definitely puts the bank in the hot seat in terms ofhaving to deliver another rate cut 8 skillet . I don't think there shouldbe any debate about whether we're going to get a cut," saidAndrew Pyle, wealth advisor at ScotiaMcLeod all clad . In the jobs data, markets focused on the loss of 70,700full-time workers in December, partially offset by a gain of36,200 part-time positions all clad electric skillet .

The construction sector was by far the worst performer with44,000 taken off the payrolls skillet hero download . "Given the weakening and the softening in the housingsector in Canada in December -- though nothing compared to theStates -- builders are responding," said Pyle all clad skillet . In the first three quarters of 2008 Canada's labor markethad appeared immune to the effects of the slowing economy, buteconomists expect the fourth-quarter hemorrhaging to continuethrough 2009 beef skillet . Employment growth last year was 0.6 percentcompared with 2.2 percent in 2007 best skillet . "I think Canada has lost its job market resilience," saidDerek Holt, economist at Scotia Capital. "But the more disturbing thing is the hit to pay, which Ithink is worse than the body count, because this was all aboutlost full-time jobs as reduced hours drove part-time gains,"Holt said.

The average hourly wage of permanent employees grew 4.5percent in December from a year earlier, down from 4.7 percentin November . (Additional reporting by Frank Pingue and Jennifer Kwan inToronto; editing by Rob Wilson) big skillet . BEIRUT (Reuters) - U.N black skillet . peacekeepers and Lebanese army troops found an old cache of rockets near the border with Israel on Friday, a day after at least three rockets were fired into northern Israel WorldThe U.N . force, UNIFIL, said the cache, consisting of 34 Grad-P rockets and some boxes of ammunition, were placed in two old bunkers covered by camouflage nets and appeared to date from the 2006 war between Lebanon's Hezbollah and Israel."There is no sign of any recent use of the bunkers and the weapons appear to date from the period of the 2006 conflict," a UNIFIL statement said.The Lebanese army said in a separate statement the weapons found near the village of Kfar Hamam were a rocket launcher and 24 rockets. It described the weapons as old and unusable.At least three Katyusha rockets were fired into Israel from south Lebanon on Thursday, wounding two people, in an attack linked to Israel's deadly offensive in the Gaza Strip.The Lebanese government condemned the attack as a violation of a U.N.