HOME RATES ABOUT SERVICES VIDEO BLOG CONTACT ME TEAM
Deanne Whelan Owner and Mortgage Broker

Deanne Whelan

Owner and Mortgage Broker


Address:
Torbay Rd Mall , 141 Torbay Rd , St Johns, Newfoundland and Labrador

BROWSE

PARTNERS

COMPLETE

THE SURVEY

REFER

A FRIEND

Statistics Canada: Labour Force Survey, April 2024

5/17/2024

Employment increased by 90,000 (+0.4%) in April, and the unemployment rate was unchanged at 6.1%. The employment rate held steady at 61.4%, following six consecutive monthly declines.

In April, employment rose among core-aged men (25 to 54 years old) (+41,000; +0.6%) and women (+27,000; +0.4%) as well as for male youth aged 15 to 24 (+39,000; +2.8%). There were fewer women aged 55 and older employed (-16,000; -0.8%), while employment was little changed among men aged 55 and older and female youth (aged 15 to 24).

Employment gains in April were driven by part-time employment (+50,000; +1.4%).

Employment increased in April in professional, scientific and technical services (+26,000; +1.3%), accommodation and food services (+24,000; +2.2%), health care and social assistance (+17,000; +0.6%) and natural resources (+7,700; +2.3%), while it fell in utilities (-5,000; -3.1%).

Employment increased in Ontario (+25,000; +0.3%), British Columbia (+23,000; +0.8%), Quebec (+19,000 +0.4%) and New Brunswick (+7,800; +2.0%) in April. It was little changed in the other provinces.

Total hours worked rose 0.8% in April and were up 1.2% compared with 12 months earlier.

Average hourly wages among employees increased 4.7% (+$1.57 to $34.95) on a year-over-year basis in April, following growth of 5.1% in March (not seasonally adjusted).

In the spotlight: Over one in four workers (28.4%) have to come into work or connect to a work device at short notice at least several times a month.

https://www150.statcan.gc.ca/n1/daily-quotidien/240510/dq240510a-eng.htm

MY LENDERS

Scotia Bank TD Bank First National EQ Bank MCAP Merix
Home Trust CMLS Manulife RFA B2B Bank Community Trust
Lifecycle Mortgage ICICI Bank Radius Financial HomeEquity Bank CMI Bridgewater
Sequence Capital Wealth One Fisgard Capital Bloom Financial NationalBank