Canada’s labour market stuck in neutral as Alberta continues to bleed jobs

, Bitcoin Tips

Canada's economy lost 2,100 jobs in April.

OTTAWA — Employment growth in Canada came to a virtual standstill in April — and left Alberta’s struggling energy-dependent labour market looking somewhat flat, as well, following an unsustainable, super-sized job jump the previous month.

While the country lost 2,100 positions overall in April, that still hardly moved the dial — given Statistics Canada’s margin for error is nearly 30,000 — and comes after a 40,600 gain in March.

As a result, last month’s reading from the federal data agency saw the unemployment rate remain at 7.1 per cent. Economists had predicted a one-decimal-point increase in joblessness in Friday’s report, along with a meagre hiring increase of about 1,000.


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