StatsCan says 42,000 jobs — not 200 — were created in July

Posted by Ravi Gulati | Posted in Economy & Markets | Posted on 15-08-2014

The Canadian economy added a whopping 42,000 jobs in July, Statistics Canada said as it released a highly anticipated correction to last Friday’s erroneous figures.

The unemployment rate inched down a tenth of a per cent to 7 per cent as previously reported, the corrected report also said.

The new version is seen as a major improvement over the incorrect information Statistics Canada released last Friday.

StatsCan says 42,000 jobs — not 200 — were created in July | Toronto Star.