Updated
Updated · continuumeconomics.com · Apr 24
Canada forecasts modest April job growth with stable unemployment and slower wage gains
Updated
Updated · continuumeconomics.com · Apr 24

Canada forecasts modest April job growth with stable unemployment and slower wage gains

10 articles · Updated · continuumeconomics.com · Apr 24
  • Analysts expect April unemployment to edge down to 6.67% and wage growth to ease to 4.5%, with job gains mainly in full-time positions.
  • Goods and services sectors are predicted to contribute evenly to job growth, with mining leading goods and oil seeing only a modest lift from higher prices.
  • The labor force participation rate is expected to remain at 64.9%, as the economy shows modest momentum entering the second quarter amid fading tariff impacts and mixed effects from energy prices.
As Canada shifts back to full-time jobs, which sectors promise stability beyond the current mining boom?
With wages and energy costs rising, is Canada's economy strong enough to avoid a new inflation surge?
Can a boom in mining and oil truly power Canada's economy if consumer-facing sectors are struggling?
With a fragile job market and high rates, is Canada's housing price correction truly over?
Canada is restricting immigration. Will this stabilize the job market or create critical worker shortages?
As the CUSMA trade deal review looms, how vulnerable is Canada's economy to U.S. trade pressures?