StatsCan; Employement growth

StatsCan revises employment growth downward for 2014

January 28, 2015

Data released today by Statistics Canada showed that Canadian job growth for 2014 was more sluggish than previously thought. On January 9, Statistics Canada had said employment gains for 2014 stood at 186,000, but revisions published January 28 lower that number to 121,000. The discrepancy was enough to push the unemployment rate for 2014 up to 6.7% from 6.6%. “In light of the magnitude of the changes, the Bank of...

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