Canada’s employment rises 90.4k in Apr, unemployment rate unchanged at 6.1%

Canada’s employment grew strongly by 90.4k in April, well above expectation of 17.5k. Unemployment rate was unchanged at 6.1%, below expectation of 6.2%. Employment rate was unchanged at 61.4%. Total hours worked rose 0.8% mom. Average hourly wages rose 4.7% yoy, slowed from March’s 5.1% yoy. Full Canada employment release here.

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