Live Comments Canada added 106.5k jobs, unemployment rate dropped to 5.7%

    Canada added 106.5k jobs, unemployment rate dropped to 5.7%

    Canadian Dollar jumps sharply after stellar job data. The employment market grew 106.5k in April, well above expectation of 15.0k. Unemployment rate dropped to 5.7%, down from 5.8% and beat expectation of 5.8%. On year-over-year basis, employment grew 2.3% or 426k, with 248k in full-time and 170k in part-time jobs. Employment grew in four provinces of Ontario, Quebec, Alberta and Price Edward Island.

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