HomeBusinessStatCan to release May jobs report this morning

StatCan to release May jobs report this morning

OTTAWA –


Statistics Canada will release its latest reading on the job market this morning.


The agency will release its labour force survey for May.


The report comes as businesses struggle to find workers for many jobs.


Economists at the Bank of Montreal say Canadian job gains are expected to return to a more normal pace for a second straight month following pandemic-driven volatility earlier this year.


They’re expecting the numbers this morning to show a gain of 10,000 jobs for May and the unemployment rate to hold steady.


The unemployment rate in April fell to 5.2 per cent, as the economy added 15,300 jobs.


 This report by The Canadian Press was first published June 10, 2022.

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