Canada surprises with April jobs loss; trails U.S. employment pace
By Louise Egan
OTTAWA, May 9 (Reuters) – Canada’s economy lost 28,900 jobs in April, Statistics Canada said on Friday in a report that revealed across-the-board weakness in a labor market that is stalled and has been adding jobs at a more sluggish pace than in the United States.
The report suggests economic growth has not been gathering the speed that was expected in the second quarter and that business confidence is still shaky.
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