Statistics Canada to release April jobs report this morning

Statistics Canada is set to release its April labour force survey this morning.

Canada's labour market has cooled significantly over the past year as high interest rates have filtered through the economy.

That's led to a steady rise in the unemployment rate, which reached 6.1 per cent in March.

RBC says it expects the economy added a modest 15,000 jobs last month and no change in the unemployment rate.