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StatsCan's Annual Revisions Lower Dec Job Gain to 69.2k From 104k

CANADA DATA
  • Statistics Canada's annual revisions to Labour Force Survey were posted Monday
  • December's jobless rate remains at 5.0%
  • "Over the revision period, employment levels were revised upward slightly, averaging 0.5% (+91,000) from 2006 to 2022. There was minimal difference in the month-to-month and year-over-year change in employment."
  • The changes are mostly technical and go back to 1987
  • See: https://www150.statcan.gc.ca/n1/daily-quotidien/23...
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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