Canada gains a net 90,400 jobs in April, jobless rate holds at 6.1%

By Thomson Reuters May 10, 2024 | 7:35 AM

OTTAWA, May 10 (Reuters) – Canada’s economy gained a net 90,400 jobs in April, both in full-time and part-time work, and the jobless rate held at 6.1%, Statistics Canada data showed on Friday.

Employment in the goods producing sector fell by a net 10,400 jobs, largely in construction. The services sector was up by a net 100,700 positions, mostly in professional, scientific and technical services, as well as accommodation and food services.

Apr 2024 Mar 2024

Jobs gain/loss +90,400 -2,200

full-time +40,100 -700

part-time +50,300 -1,600

Unemployment rate 6.1% 6.1%

Participation 65.4% 65.3%

Labor force 21.829 mln 21.721 mln

Apr 2024 Apr 2023 % change

Avg hourly wage C$35.77 C$34.13 +4.8

NOTE: Analysts surveyed by Reuters had forecast an increase of 18,000 jobs in April, and for the unemployment rate to rise to 6.2%. Hourly wage figures are for permanent employees.

(Reporting by Dale Smith; Editing by Ismail Shakil) ((ismail.shakil@tr.com))