StatsCan finds mistake in July jobs numbers

By Staff | August 12, 2014 | Last updated on August 12, 2014
1 min read

Statistics Canada says it has found an error in its July labour force statistics.

Numbers the agency released August 8 indicated the Canadian jobs market grew by just 200 jobs last month, far below expectations.

Read: Canadian job creation flatlines

“This error impacts only the July 2014 estimates,” said Statistics Canada in a statement.

StatsCan says the source of the error has been identified and it will release corrected estimates on August 15.

Read: Housing starts climb

Statistics Canada also said it “takes this matter very seriously and is immediately launching a review of the data verification processes in place.”

A report on the results of the review will be published on the Statistics Canada website as soon as it is available.

Read: Loonie boosted by housing data

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.