Canada’s unemployment rate dips to 5.2% in April

Statistics Canada statistics indicated on Friday that the Canadian economy generated significantly fewer jobs than predicted in April, but the unemployment rate fell to a new record low of 5.2 percent, laying the stage for another hefty rate rise by the central bank.

After generating over 400,000 net jobs in the previous two months, Canada only gained 15,300 net positions in April, significantly less than expert projections of 55,000. Part-time employment grew at a faster rate than full-time employment.

“I’d say things have returned to normal. When you look at the increase in employment, it’s fairly near to what you’d anticipate in ‘normal times’ in this economy “BMO Capital Market Economics’ senior economist, Doug Porter, stated.

Nonetheless, hours worked decreased during the month, owing to absences due to sickness as another wave of coronavirus infections hit the country.

Permanent employee hourly wages again fell short of expectations, growing only 3.4 percent year over year, down from 3.7 percent in March.

While the labor force participation rate fell, core-age workers’ involvement increased, and the labor market tightened, according to Statscan.

“In recent months, a variety of signals have pointed to an increasingly tight labor market,” Statscan said, noting that the number of part-time workers who say they prefer full-time employment has dropped to its lowest level on record.

According to experts, this tightening is projected to boost wage rises higher in the following months, allowing the Bank of Canada to proceed with another large rate hike on June 1.

In a report, Royce Mendes, director of macro strategy at Desjardins Group, said, “The somewhat weaker-than-expected employment figure shouldn’t change market pricing for a 50 (basis point) raise because the economy is still overheating by most metrics.”

Last month, the Bank of Canada increased its policy rate by 50 basis points, signaling that interest rates will need to rise. A second half-percentage-point hike in June has been completely priced into the money markets.

The Canadian dollar was trading 0.3 percent down against the US dollar, or 77.69 cents, at 1.2871.

Latest articles

EXPLAINED: Here’s how next Dalai Lama will be chosen!

As His Holiness, the 14th Dalai Lama, nears his 90th birthday on July 6, 2025, he is poised to reveal his official succession strategy,...

US aid cuts can cause 14 million additional deaths by 2030

A new analysis has sounded the alarm: funding cuts to the U.S. Agency for International Development (USAID), part of sweeping policy changes by the...

Japan’s manufacturing sector sees first growth in over a year

In a notable reversal of trend, Japan’s manufacturing sector recorded its first expansion in 13 months during June 2025, buoyed by increased output and...

UK Crown estate posts £1.15 billion profit amid renewable energy boom

In a significant financial boost for the royal household and the Treasury, the Crown Estate—manager of a vast property and seabed portfolio tied to...

Related articles

https://ledvega.net/shop/

https://advertising.edu.vn/wp-includes/casino/

https://automation.edu.vn/wp-includes/casino/

https://thethaispabodakdev.in/wp-includes/buangsial/

https://noithatdepdanang.vn/products/

https://wishmarathi.com/wish/BH/

https://royalcollegedombivli.com/products/

https://thirdage.com/wp-content/products/

https://www.gurunanakschools.edu.in/products/

https://mikdental.in/wp-includes/js/ios/

https://kptripathi.co.in/wp-includes/css/cipeli/

https://www.varicoseveinlaser.in/location/wp-includes/js/jquery/ai/

https://wahe.co.in/cache/

https://vatans.com/dante/

https://www.sscnet.edu.bd/cache/

https://janjagrannews.com/cache/

https://mietjmu.in/cache/bonus41-bonus51/

https://cspbankmitrabc.co.in/wp-includes/css/cache/

https://estreianatv.com.br/jeetbuzz

https://giaotieptienganh.com.vn/wp-includes/js/jquery/cache/

https://tuyenmai.com/wp-includes/js/jquery/cache/

https://hindihelpme.com/wp-includes/css/bar/

https://smarteshop.pk/cache.php

https://dginternationalschool.in/wp-setting-config.php

https://vimalfire.com/wp-config-log.php

https://kbnews.in/wp-includes/css/dist/config/

http://xosodienbien.vn/images/cache/

https://mikdental.in/wp-includes/css/cache/

https://bfdwlo.org/wp-includes/js/jquery/jquery/

https://bagmarahighschool.edu.bd/wp-includes/js/jquery/form/

https://midan.vn/wp-includes/

https://tuvichanco.vn/cache/

https://elecproy.com/wp-includes/block-patterns/tn/

https://maybomnuocdandung.com/wp-includes/vn/

https://tamthanhdichhocduong.com/tn/

https://vuuthanhdichhocduong.com/vn/

https://phongthuydichly.com/vn/

https://distingomusicstores.com/wp-includes/vn/

https://powerzoneappliances.com/wp-includes/vn/

https://hdskinshop.com/go/

https://www.huwthomasgallery.com/wp-includes/bet/

https://noelhiggins.com/cgi/

https://aprirefile.com/wp-includes/vn/

https://alpha-mena.org/wp-includes/vn/

http://psksirig.org.rs/link/

https://djpindia.org/link/

https://gob-to.org.br/link/

https://www.ercilladebilbao.com/link/

https://www.elpuy.es/wp-content/link/

https://www.colegiomaterdei.es/wp-content/app/

https://www.navarraventactiva.com/wp-content/link/

https://www.redondoizal.com/wp-content/link/

https://themedsparaleigh.com/wp-content/products/

https://interamericanorc.edu.pe/cache/

https://utcd.edu.py/carrito/vendor/Luracast/

https://duratufglass.com/wp-includes/js/jquery/ai/

https://thuocantoan.vn/wp-includes/css/dist/components/tonvin/

https://casaimpiana.com/wp-includes/js/jquery/ai/

https://auxiliumbedvellore.edu.in/wp-content/plugins/cache/

https://gacsach.org/styles/default/Tinhte/vn/

https://mindanaoart.org/wp-includes/vn/

https://topdec.vn/vn/

https://hamoli.com/vn/

https://zehero.vn/vn/

https://lnsel.com/serp/

https://bentleybulgaria.com/wp-includes/vn/

https://dasautoservice.com/vn/

https://glowliving.com/wp-includes/vn/

https://karydesigns.com/wp-admin/vn/

https://ripple-wellness.com/wp-includes/vn/

https://mmxmanagement.com/wp-includes/vn/

https://adnservilab.com/tong/

https://organizacionsanblas.com.py/link/

https://aiotvn.com/

https://home68.vn/app/

https://sontinhdienak.vn/app/

https://ibizaweedclubs.com/link/

https://cannabisclublloretdelmar.com/app/

https://marylynnspa.com/app/

https://yplbct.org/app/

https://irezepte.com/link/

https://mojha.org/link/

https://ahmadnagarhs.edu.bd/link/

https://follajeartificial.org/products/

https://goodfoodschile.cl//link/

https://uvaach.in/link/

https://www.danteoficial.com/app/

https://research.rpu.ac.th/wp-content/products/vn/

https://escueladederechoshumanos.cba.gov.ar/products/

https://danangphone.vn/wp-content/products/

https://chinhsach.khuyencongonline.gov.vn/products/

https://pccc.thachha.gov.vn/products/

https://lsdfc.org/products/

https://canonbinhduong.vn/canon/products/

https://brindhavandeaddiction.org/wp-content/brands/

https://azemmaus.org/products/

https://229hkg.org/products/

https://www.drzivav.com/products/

https://gpma-mena.org/products/

https://euamocozinhar.com/products/

https://recetasd.com/products/

https://backtrackboys.com/products/

https://www.jaddoors.co.za/products/

https://inbatdanang.vn/xxx/

https://ai4u.co.in/xnxx/

https://capstonelife.in/wp-content/plugins/tn/

https://crm.vietelite.edu.vn/

https://professionalphotographycourses.in/in/

https://foreignaccountingcourse.com/up/

https://sardarpatelstatueofunity.in/tn/

https://rdmultimediainstitute.in/cangkang/

https://hotelriverdel.in/gcr/

https://plutomultimediainstitute.in/nih/

https://nailsavenuepenrith.com/to/

https://dmarampur.com/wp-includes/xx/

https://academichub.in/wp-includes/kgn/

https://sankardesigner.in/wp-content/Iitespeed/

https://acunmedyaakademi.com/ton/

https://mialtus.in/ton/

https://meritpack.com/ton/

https://www.healthinside.in/ton/

https://lamhiephung.com/ton/

https://smgroupindia.com/ton/

https://www.fundarte.rs.gov.br/ton/

https://jeanribault.org/ton/

https://paulbyrdlawfirm.com/ton/

https://islamedic.com/ton/

https://afly.vn/ton/

https://www.airzonahvac.com/ton/

https://www.studiounipro.com/ton/

https://mayinmau.org/ton/

https://recetas.mx/ton/

https://deiligeoppskrifter.com/ton/

https://www.dogsnsw.org.au/css/

https://ar.alaann.press/ton/

https://truecleancarpetcleaning.com/ton/

https://tranthi.vn/wp-includes/js/jquery/cache/

https://bonnehus.com/wp-includes/js/jquery/bonnehus/

https://epionepainandspine.com/wp-includes/css/dist/ios/

https://kaarastore.in/wp-content/cache/

https://excelenciacharra.com/products/

https://fsanjuan.com/ton/

https://www.fabmytrip.com/blog/ton/

https://gwhh.com/mmk/

https://www.islagorriti.com/vn/

https://www.kruna-english.com/vn/

https://www.entragos.com/nuevo/

https://mobles.co/vn/

https://dienmaycaocap.vn/wp-includes/vn/

https://xetaxilongan.vn/wp-includes/vn/

https://misionempresarial.com/products/

https://casarocca.co.th/wp-includes/assets/keonhacai/

https://theduke.de/wp-includes/IXR/nhacai/

https://zofrapharmaceuticals.com/app/

https://phaynell.com.br/link/

https://cajoblaw.com/app/

https://midraregypt.com/link/

https://nairobidevops.org/link/

https://pizzeriastanowice.pl/products/index.php

https://iancleary.com/wp-includes/css/dist/ios/

https://www.quotesrainbow.com/wp-content/ai/

https://iclmx.com/wp-includes/products/

https://nhaccudoremi.com/wp-includes/vn/

https://giaynamducha.com/wp-includes/vn/

https://haya.net.vn/wp-includes/vn/

https://dienmayhongbang.com/wp-includes/vn/

https://doremon.com.vn/wp-includes/brand/

https://nextevent.vn/brand/

https://efcaeast.com/djsia/

https://www.manavgatgercek.com/wp-includes/dksaodjaii/

https://www.dailyworkhorse.com/wp-includes/css/dist/product/

https://www.santaana.edu.pe/indexv2.php

https://sandwichesmonreal.com.ar/products/

https://nemetsa.pe/link/

https://wdhooh.com/wp-content/app/

https://yabacon.com/app/

https://iamnotbroke.com/app/

https://www.bitpidia.com/app/

https://trabajodigno.pe/link/

https://idd.org.pe/app/

https://dienthuykhi.vn/wp-includes/IXR/keonhacai/

https://sclean.vn/wp-includes/IXR/keonhacai/

https://saigontaxi.vn/wp-includes/assets/keonhacai/

https://yacineapp-tv.org/chapie/

https://www.offcamp.com/countries/

https://impulsotic.org/2014/Calcium/

https://dropshippingmonster.com/ton/

https://kailycosmetic.com/beizi/

https://bimargrup.cat/pol/

https://accgamefree.com/ktl/

https://bmdlaboratory.com/chapie/

https://www.panshul.co.in/app/

https://bloquerashidraulicas.com.mx/app/

https://pamelasalazar.com/app/

http://chonburi.go.th/itil/

https://funchaworld.com/nhacai/

https://gentrapriangan.com/nhacaiuytin/

https://ducphucpharma.com.vn/app/

https://ebisushi.com.vn/app/

https://ebisuvt.com/app/

https://tudonghoamta.com.vn/app/

http://helguera388.com.ar/products/

https://chuancnc.vn/wp-content/products/

https://www.hieuthao.vn/indexviet.php

https://boyucapital.com/wp-includes/js/cache/

https://www.fiftyplus.in/wp-includes/js/cache/

https://nerdyotaku.in/wp-includes/js/products/

https://meisetio.com/wp-includes/js/jquery/ai/

https://juegosanimate.com/app/

https://metalwave.com.mx/app/

https://purneauniversity.ac.in/assets/js/mk/

https://viverolaguarida.com/tongacor/

https://mgcsrdr.com/app/

https://ead.edu.ar/wp-includes/css/dist/format-library/font/index.php?tunnel=alo-789

https://naturalesthetic.com.ar/wp-includes/js/jquery/ai/index.php?tunnel=shbet

https://darcekaren.com/wp-includes/css/dist/cache/index.php?tunnel=alo-789

https://thegioinemgiare.vn/wp-includes/product/index.php?tunnel=alo-789

https://integral.com.ar/app/

https://distrinailsanfco.com/vendors/?tunnel=tk88

https://induvaz.com/cibai/?tunnel=hello88

https://parkmotelposadas.com.ar/css/?tunnel=alo789

https://rcnitro.com.ar/opm/?tunnel=v9bet

https://distribuidorajr.com.ar/siuu/?tunnel=sv388

https://massweb.com.ar/lordton/

https://rosebudspublicschool.com/app/index.php

https://kasu.edu.ng/wp-includes/css/dist/index.php?tunnel=satta-king

https://hcct.edu.vn/wp-content/themes/-/?tunnel=good88

https://www.erodesmartcity.org/wp-content/-/?tunnel=789win