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

@NEWSTALK1010

Facebook

DON'T MISS

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

The area is closed to traffic, 'indefinitely'...

Poll

HOV lanes for the TO2015 Pan Am games go into effect today. How will this change affect your daily commute?

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