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8 May 2015
Canada lost 19,700 jobs in April
FXStreet (Mumbai) - The data released by Statistics Canada on Friday showed the Canadian economy lost 19,700 jobs in April, which was higher than the estimated job losses of 5000. In the previous month, the economy had added 28.7K jobs.
The April labour force survey says the country added 46,900 net full-time positions and shed 66,500 part-time jobs. The unemployment rate remained unchanged at 6.8%, contradicting expectation of an uptick to 6.9%. Meanwhile, the labor force participation rate ticked lower to 65.8% in April from 65.9% in March.
The April labour force survey says the country added 46,900 net full-time positions and shed 66,500 part-time jobs. The unemployment rate remained unchanged at 6.8%, contradicting expectation of an uptick to 6.9%. Meanwhile, the labor force participation rate ticked lower to 65.8% in April from 65.9% in March.