Canada adds 90K jobs as unemployment rate holds steady
Global News
Canada's unemployment rate was steady at 6.1 per cent in April as employers collectively added some 90,000 jobs, primarily concentrated in part-time work.
The national unemployment rate was unchanged at 6.1 per cent in April as Canadian employers added some 90,000 jobs, Statistics Canada reported Friday.
The Labour Force Survey shows employment gains were concentrated in part-time work and in the private sector.
The April report marks a reversal from March where the economy shed 2,200 jobs.
The Bank of Canada is watching the labour market, particularly the pace of wage growth, closely as it readies for its next interest rate decision in June.
Average hourly wages were up 4.7 per cent in April, down form 5.1 per cent the month previous.
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Quebec's finance minister painted a positive picture of the province's finances, saying the province had a stronger-than-expected recovery from last year's economic slowdown.
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