The Canadian economy gained 90,000 jobs in April, much higher than many economists were predicting for the latest Labour Force Survey numbers from Statistics Canada.
The unemployment rate was unchanged from the month before, staying at 6.1 per cent.
The employment rate, or the percentage of the population that is employed, was also steady at 61.4 per cent, which the federal statistical office pointed out comes after six consecutive months of drops.
These numbers come after a loss of 2,200 jobs in March, with that month’s unemployment rate showing the largest increase in the unemployment rate since summer 2022.
More to come.
Denial of responsibility! Yours Bulletin is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@yoursbulletin.com. The content will be deleted within 24 hours.