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Massive Human Error Leads To Screw Up In July Jobs Report!


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Economy

http://www.cbc.ca/m/news/#!/content/1.2737353

Statistics Canada announced Canada created only 200 jobs in July, much lower than the 20,000 that economists expected.

Days after the sell off in equities, drop of the Canadian Dollar etc Stats Canada says there was actually 42,000 new jobs created in July not 200!

Reason for such an off number? "It was human error, we apologize for the misinformation" :rip:

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Economy

That is odd how they managed to forget so many numbers, lol. A 4 and an extra ending 0.

http://business.financialpost.com/2014/08/15/canada-jobs-july-2014/

 

it wasnt forgetting the numbers... there was an update on software Statistics Canada uses but they forgot to update one of the softwares and it wasnt reading with the other updated software's correctly

 

This resulted in flawed numbers

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