this post was submitted on 10 May 2024
47 points (98.0% liked)

Canada

7186 readers
279 users here now

What's going on Canada?



Communities


🍁 Meta


πŸ—ΊοΈ Provinces / Territories


πŸ™οΈ Cities / Local Communities


πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


πŸ’» Universities


πŸ’΅ Finance / Shopping


πŸ—£οΈ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS
 

Canada's economy added five times the number of jobs that were forecast for April and the unemployment rate unexpectedly held at 6.1 per cent, but wages grew at the slowest pace in 10 months, data showed on Friday.

The economy added a net 90,400 jobs while analysts polled by Reuters had forecast a gain of 18,000 jobs and the unemployment rate to rise to 6.2 per cent.

The gains - largest since the 110,000 jobs added in January 2023 - were a mix of part-time and full-time work, and entirely in the services-producing industries, data from Statistics Canada showed.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 7 points 5 months ago (1 children)

"The gains" in your quote (when taken in a fuller context) is referring to number of jobs added. It's not related to the average hourly wage.

[–] [email protected] 7 points 5 months ago

I understand that. I was simply commenting on the fact that probably none of those service industry jobs provide the average wage reported by StatsCan in the same article.