US EditionCanada sees modest job rise overshadowed by election hires
- Canada added 7,400 net jobs in April 2025 with a 6.9% unemployment rate, its highest since November 2024, amid job losses in manufacturing and trade sectors.
- This modest job growth followed significant losses in manufacturing and retail caused by U.S. tariffs on steel, aluminum, and automobiles imposed in early 2025.
- Public sector employment rose by 23,000 mainly due to temporary federal election hiring, while wage growth increased by 3.5%, reflecting steady but uneven labor market conditions.
- Economists noted the April report supports a Bank of Canada interest rate cut in June, citing job market weakness linked to the trade dispute, with one saying the data shows tariffs "already significantly impacting the economy."
- The results suggest ongoing economic strain with rising unemployment and job losses where hiring struggles to offset population growth, potentially prolonging downturn unless trade tensions improve.
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9 Articles
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Canada sees modest job rise overshadowed by election hires
Canada’s employment growth showed signs of persistent weakness in April, despite a modest increase of 7,400 jobs. Temporary federal election-related hiring significantly influenced this number, with public administration adding 37,000 jobs, a boost likely to vanish by May. The national unemployment rate climbed to 6.9%, marking its highest point since November 2024. Employment among core working-age Canadians (25-54 years old) continues to falte…
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CANADIAN UNEMPLOYMENT RATE HITS SIX-MONTH HIGH AMID US-IMPOSED TARIFFS
Sat 10 May 2025: Statistics Canada showed an unemployment rate of 6.9 percent, with most cuts in the manufacturing sector. Canada’s unemployment jumped to its highest level since November as United States President Donald Trump’s imposed tariffs affect the export-dependent economy. Statistics Canada showed a 0.2 percent increase for the month of April, bringing the country’s unemployment […]
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