A Holding Pattern for Canada’s Employment in April 2008

Abstract:

Statistics Canada released its latest labour force numbers today, for April 2008. Month to month, the number of jobs in the country increased by 19,000. This can be characterized as a holding pattern. It is interesting to note that whereas Canada gained 19,000 jobs in April, the U.S. lost almost exactly the same number (-20,000). Construction job growth in Canada, on a year-over-year basis, increased an incredible +10.4% in the latest month.

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