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Canada

Canada's jobless claims rose in April by 1.8%, it is noted in the latest employment report released in the previous week.

 

Initial jobless claims rose by 4,150 versus March to 240,000. On a year-over-year basis, initial jobless claims fell by 1.4%.

 

In details, the main growth of claims in Canada was in three provinces: claims in Quebec rose by 5.7%, in Newfoundland and Labrador claims rose by 5.6% and by 4.6% in Ontario. The main oil-producing province Alberta stated that jobless claims had remained unchanged versus March. In other regions, jobless claims fell, especially by 15.7% in Saskatchewan.

 

Canada's jobless claims accounted 538,400 people in February in Canada, which down by 1 pp than in March.