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.
