Canadian Press NewsAlert: StatsCan says 42,000 jobs created in July, not 200

OTTAWA - Statistics Canada said 42,000 jobs were created in July, not the 200 net jobs the federal agency incorrectly reported a week ago.

The agency says the error resulted from a major redesign of its market-moving Labour Force Survey that occurs every 10 years when one program was not updated, which it calls a human error. The mistake resulted in Statistics Canada overestimating full-time job losses.

More coming.