Last week, I chastised Bill Morneau, the Finance Minister, for gloating about Statistics Canada’s latest hiring tally, which suggested a way-too-good-to-be-true 94,100 jobs were created in November.
That’s more than five times the monthly average since 1976. StatCan advises against making big statements based on singular readings from the Labour Force Survey (LFS); the margin of error is too large. Election season must be close, because politicians and politicos who should know better are ignoring such warning labels.
Continue reading at the Financial Post ...