Regular readers of this report will recall how Stats-Canada waxed rhapsodic about how the economy had picked up in June and how many new jobs were added to it, but - ''Surprise, Surprise,'' the July figures were not so rosy.
The unemployment rate went up to 5.7 per cent as Canada shed 24,200 jobs.
In terms of job creation, the economy saw its worst 3 months since early 2018. Stats-Canada did, however, caution that the recent monthly readings have been small enough that they're within the margin for error, and therefore statistically insignificant.
I guess that make's those who've been laid off feel so much better
Yours for Socialism,
SPC contributing members