Canada's Data Debacle

Last Friday, the agency’s Labour Force Survey revealed that the country had created but 200 jobs in July, or about 1/100th of previous estimates. Something was clearly up. Lo and behold, StatsCan on Tuesday pulled the numbers and this Friday released the new count: 42,000 new jobs, along with an explanation that human error related to a system change was to blame for the discrepancy. Wrote Scotiabank vice-president of economics Derek Holt in the aftermath: “In my over two decades of experience in this business I struggle to think of a comparable foul-up anywhere in the world.”

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