The latest employment figures from Statistics Canada show a decline of by 112,000 jobs in the private sector in August, resulting in an overall drop in employment of 11,000. Only last month the agency botched the July jobs report, erroneously claiming the economy added just 200 new jobs, when it fact the figure was 42,000.
Despite all the talk about layoffs in the oil patch due to slumping oil prices, both Alberta and the Calgary area saw increases in jobs in April. According to Statistics Canada, overall hiring is at a three-month high. However, this is not surprising given the collapse in oil prices, the province’s natural resources sector which