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US and Canada Report Divergent April Job Market Trends

April job reports revealed contrasting economic trends in North America, with the U.S. adding 115,000 jobs and its unemployment rate at 4.3%. Meanwhile, Canada's economy shed 17,700 jobs, causing its unemployment rate to climb to a six-month high of 6.9%.

8 May, 12:31 — 8 May, 21:23
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cbcHigh16d ago

Canada's economy dropped 17,700 jobs in April as unemployment rose to six-month high

<img src='https://i.cbc.ca/ais/e563d6ba-ac9f-4e6c-b6a2-b2ab8d1cc55b,1778242555411/full/max/0/default.jpg?im=Crop%2Crect%3D%280%2C310%2C5955%2C3349%29%3BResize%3D%28620%29' alt='young people hold resumes in a long queue in a convention centre' width='620' height='349' title='Applicants at the CNE’s job fair wait in line at the Enercare Centre in Toronto, on July 30, 2025. The job market has been particularly difficult for young people in recent years.'/><p></p>

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cnbcMostly Factual16d ago

U.S. payrolls increased 115,000 in April, more than expected; unemployment at 4.3%

Nonfarm payrolls were expected to increase by 55,000 in April, according to the Dow Jones consensus.

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SCMPMostly Factual16d ago

US adds 115,000 jobs in April, but experts warn of hidden weakness in economy

US employment rose more than expected in April, while the unemployment rate remained steady, government data showed, with the world’s largest economy firming recent labour market gains but analysts warning of underlying weakness. “Total nonfarm payroll employment edged up by 115,000 in April, and the unemployment rate was unchanged at 4.3 per cent,” the US Bureau of Labour Statistics (BLS) said. The gains mainly came in the healthcare, transport and warehousing and retail trade sectors. US jo...

By Agence France-Presse

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channel-news-asiaMostly Factual15d ago

Global stocks diverge, oil rises as fresh US-Iran clashes hit peace hopes

The US added 115,000 jobs in April, helping push stock markets higher.

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seeking-alphaMixed16d ago

Canada's unemployment rate rises to 6.9% in April from 6.7% in March

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