Canada’s labour market posts largest monthly jobs gain since 1976
The country added 106,500 net jobs in April, the bulk of which were full time, Statistics Canada said in its latest labour force survey. The unexpected increase helped drop the unemployment rate to 5.7 per cent last month, down from 5.8 per cent in March.
The labour market has seen strong numbers since mid-2016 and has remained a bright spot for an economy that has struggled in other areas. Economic growth, for instance, almost stalled over the winter.
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