Canada's economy dropped 18,000 jobs in April as unemployment rose to 6-month high
Source: CBC
Business
Canada's economy dropped 18,000 jobs in April as unemployment rose to 6-month high
Loss follows addition of 14,000 jobs in March
Thomson Reuters · Posted: May 08, 2026 8:59 AM EDT | Last Updated: 3 hours ago
Canada's unemployment rate rose to a six-month high of 6.9 per cent in April as the economy lost 18,000 jobs, Statistics Canada data showed on Friday, indicating a continued weakness in the labour market which has struggled in the face of U.S. tariffs and trade uncertainty.
While Canada has added 67,000 jobs since April 2025, since the start of this year it has lost a cumulative 112,000.
Last month's loss means Canada has lost jobs in three out of the four months so far this year, showing a rocky start for the labour market in 2026, according to CIBC economist Andrew Grantham.
The drop was concentrated in full-time jobs, which lost a net of 46,700 people, offset only by a gain of 29,000 jobs in the part-time sector.
Monthly change in jobs in Canada
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Read more: https://www.cbc.ca/news/business/canada-jobs-april-2026-9.7192292
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