It’s bad enough that Canada’s employment count moved backward in April. Beyond the headline number, this latest monthly misstep lays bare the crumbling quality of the labour market in so many other ways.
Naturally, what immediately catches the eye in Statistics Canada’s Labour Force Survey is the 29,000-job decline in employment in April – a pretty big stumble in an economy that is allegedly gaining momentum. Yes, you could argue that this merely gives back some of the surprisingly big gains (43,000) in March. You could argue that, given the survey’s sizable margin of error (in this case, the margin is 29,000, meaning that statistically, the actual number could be anywhere within a range of zero to down 58,000, and only two times out of three), the results of this particular survey could be flat-out wrong.