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View Full Version : Canada Adds A Stunning 108,700 Jobs


Rickson9
05-07-2010, 04:43 PM
"The Canadian economy created a whopping 108,700 jobs last month – more than four times as many as expected – the largest monthly gain on record as the services sector added to payrolls."

http://www.theglobeandmail.com/report-on-business/canada-adds-stunning-108700-jobs/article1559881/

trent
05-07-2010, 05:08 PM
You just forgot to add this from the article:

"
The eye-popping number will no doubt raise some skepticism. As Statscan notes, its labour force survey estimates are based on a sample, and “are therefore subject to sampling variability.”

The sample survey is based on responses from 53,000 representative households across Canada and was conducted between April 11 and April 17.

Two thirds of the time, the results are accurate within 28,000 jobs. In 95 times out of 100, they’re correct within 56,000 jobs.
"

Rickson9
05-10-2010, 05:43 AM
You just forgot to add this from the article:

"
The eye-popping number will no doubt raise some skepticism. As Statscan notes, its labour force survey estimates are based on a sample, and “are therefore subject to sampling variability.”

The sample survey is based on responses from 53,000 representative households across Canada and was conducted between April 11 and April 17.

Two thirds of the time, the results are accurate within 28,000 jobs. In 95 times out of 100, they’re correct within 56,000 jobs.
"

And how is that different from a sample from any other period?

What downturn?