We lost 39,000 full-time jobs, not that Stats Canada will tell you that

Did you hear we lost 39,000 full-time jobs in the month of February? It wasn’t part of the Stats Canada news release so unless you went looking deeper in the numbers you wouldn’t know this.

Now it is not unusual for media outlets to just go with the topline numbers and report something along the lines of 15,000 jobs were added but the truth is that is only because the addition of 54,700 part-time jobs off-set the loss of 39,300 full-time jobs.

I still can’t believe that Stats Canada didn’t put that in their news release and instead went directly to bragging about year-over-year job gains.