April unemployment uptick revealed by Statistics Canada
Friday, May 9, 2025, 8:21 am
New figures from Statistics Canada show that despite a modest addition of 7,400 jobs in April, the unemployment rate in Canada climbed to 6.9%. The increase, driven by contractions in manufacturing and trade amid tariff pressures, highlights deeper economic challenges that demand a closer look.
Canada's unemployment rate was climbing and our economy was weakening long before Donald Trump returned to the White House
Canada's job market continues to show weakness amid the trade war and companies are slowly shedding jobs to reduce the financial impacts of tariff policies.
‘Very worrisome’: Ontario loses 33,000 manufacturing jobs in April CP24
Il passe à 6,9 % au Canada, en hausse de 0,2 point de pourcentage, et à 6 % au Québec, un bond de 0,3 point.
The unemployment rate rose to 6.9% last month
Statistics Canada will release its latest look at the country's job market for April this morning.
Canada's job market continues to shrink as Statistics Canada reported in April XXX jobs were lost and unemployment increased to XXX from 6.7 per cent in March.
Employment fell in manufacturing and trade as tariffs hit the economy
Statistics Canada says the economy added roughly 7,400 jobs in April. The unemployment rate rose to 6.9 per cent last month as the manufacturing sector started showing cracks under the weight of U.S. tariffs. This is a developing story. Check back for updates.
Canada's unemployment rate ticked up to 6.9 per cent in April, Statistics Canada said on Friday, matching the highest rate seen in eight years outside of the pandemic.
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