About 58,000 new jobs in Canada in April, most in Ontario
OTTAWA—Canada’s economy pumped out 58,300 jobs in April.
Even though 41,100 of the new jobs were part time, there was a 17,200 increase in full-time work.
The impressive gain was enough to trim the national unemployment rate to 7.6 per cent, down 0.1 per cent from January, matching the lowest jobless level since the early months of the recession.
April’s gains bring the year-over-year increase in employment to 283,000.
Economists had expected a more modest 20,000 gain following a weak March, although they left themselves open to an upside surprise for possible one-time hiring for the federal election.
Almost all the gains – 54,800 – came in Ontario and most were in the services sector.
The goods sector saw only a modest 6,600 pick-up and manufacturing stayed flat, although it has seen a 3.3 per cent increase over the past year.
Regionally, the story was all in Ontario, which saw its unemployment rate drop to 7.9 per cent, the lowest since December 2008.
The province has seen an increase of 157,000 jobs, or 2.4 per cent, over the past 12 months, all of them full-time in the aggregate.
April was less kind to most of the rest of the country. While Newfoundland and Labrador saw a significant 3,100 jobs increase, six out of 10 provinces experienced an overall drop in employment levels.