NEWS
 
Stats Canada reporting 42,000 jobs gained in July
The agency incorrectly reported last week, that 200 jobs were gained in July
1 1

Statistics Canada has released corrected July jobs numbers that show the economy actually gained nearly 42,000 jobs last month, well above the paltry 200 jobs the agency incorrectly reported a week ago.

The agency says the error resulted from a major redesign of its market-moving Labour Force Survey that occurs every 10 years when one program was not updated, which it calls a human error.

The mistake resulted in Statistics Canada overestimating full-time job losses.

The number of full-time job losses is now 18,000 instead of the 60,000 figure reported last week.

The number of part-time gains remains unchanged at about 60,000.

Canada's unemployment rate also remains unchanged at 7.0 per cent in July, from 7.1 per cent the previous month.

Categories:

Leave a comment:

showing all comments · Subscribe to comments
  1. Ernie posted on 08/15/2014 09:24 PM
    Any way you slice it - the job report STILL SUCKS. We need to impose strict duties on China to fix this.
showing all comments

DON'T MISS

AIRPORT TUNNEL

WATCH: NEWSTALK 1010 contest winner is first through airport tunnel

Joel MacCharles, winner of the NEWSTALK 1010 'Be the First' contest makes history before jet-setting to NYC!

NEWS ALERTS

STAY CONNECTED

Sign up for out Breaking News Alerts and receive up-to-the-minute coverage of the top stories of the day

 
1 1

Statistics Canada has released corrected July jobs numbers that show the economy actually gained nearly 42,000 jobs last month, well above the paltry 200 jobs the agency incorrectly reported a week ago.

The agency says the error resulted from a major redesign of its market-moving Labour Force Survey that occurs every 10 years when one program was not updated, which it calls a human error.

The mistake resulted in Statistics Canada overestimating full-time job losses.

The number of full-time job losses is now 18,000 instead of the 60,000 figure reported last week.

The number of part-time gains remains unchanged at about 60,000.

Canada's unemployment rate also remains unchanged at 7.0 per cent in July, from 7.1 per cent the previous month.

Leave a comment:

showing all comments · Subscribe to comments
  1. Ernie posted on 08/15/2014 09:24 PM
    Any way you slice it - the job report STILL SUCKS. We need to impose strict duties on China to fix this.
showing all comments

Top stories

Hydro One hopes to restore many of the outages later Sunday night.

Poll

Protesters from Black Lives Matter blocked traffic on the Allen last night to protest police shootings. Was this the best way to make a point?

Voting is restricted to one vote every 24 hours 24 hour(s) VoteResults