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Canada loses over 200,000 jobs in April

Economies.com
2021-05-07 13:07 UTC

The Canadian Department of Labour revealed adding more than expected jobs were lost during April, and unemployment rose.

 

Data showed that the Canadian economy has lost 207,100 jobs during April, after adding 303,100 jobs in March, and worse than forecasts of losing 160,000 jobs.

 

The unemployment rate rose to 8.1% in April from 7.5% in March, while analysts forecast a rise to 7.8%.

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US economy adds less than expected new jobs, unemployment rises

Economies.com
2021-05-07 13:03 UTC

The US Department of Labor revealed adding less than expected new jobs during April, and unemployment rose due to slowdown in employment in several US sectors, including transportation and storage.

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US stocks open higher, shrug off disappointing jobs data

Economies.com
2021-05-07 14:05 UTC

US stock indices rose in early trading on Friday, despite the release of disappointing jobs data.

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Oil turns lower, but heads for weekly gain

Economies.com
2021-05-07 12:36 UTC

Oil prices fell during on Friday, after the market absorbed positive Chinese data that lifted prices higher early in the session.

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