Canada’s economy slows, unemployment rises, jobs growth slows, PM’s economy outlook unchanged
Business Insider’s Scott Sumner writes: The unemployment rate fell to 5.7 per cent in April from 5.9 per cent a month earlier, as the number of people unemployed fell to 8,921,000, from 10,965,000.
Canada’s unemployment rate edged down to 5 per cent, from 5 per.8 per cent the previous month.
The jobs report was a mixed bag, with the number working fell slightly to 5,800,000 in April.
The number of hours worked rose to a seven-year high of 45.4 million hours, from a four-year low of 40.3 million.
The number of workers working part-time also rose slightly to 9,700,000 from 9,800.
And the number who are working full-time climbed slightly to 6.6 million from 6.3.