Site icon The Ranch 100.1 FM

7400 Jobs Added Last Month but Unemployment Rises Up

Statistics Canada says the economy added 7400 jobs last month, not enough to keep the unemployment rate from rising for a second month.

The agency says the unemployment rate jumped to 6.9 per cent in April, matching a high from November.

Stats Canada says the numbers show employers aren’t higher as fast as the population grows.

The biggest loss was in manufacturing with a loss of 31,000 jobs in April as tariffs from the United States hammer the industry.

Exit mobile version