Your Reading List

Global Markets: Canadian jobless rate holds steady

By Commodity News Service Canada

WINNIPEG, May 11 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally.

– Canada’s unemployment rate held at 5.8 per cent in April with a total loss of 1,100 jobs, according to a report from Statistics Canada. Average market expectations had been for an increase of about 20,000 jobs on the month. The job losses were all in part-time employment, which was down by 30,000 jobs. Full-time employment, meanwhile, was up by 28,800.

– European leaders are working to salvage a nuclear deal with Iran, after the United States announced its withdrawal from the agreement earlier this week. Germany’s Angela Merkel also spoke with Russia’s Vladimir Putin about the deal.

– WestJet pilots voted 91 per cent in favour of taking strike action, and could be in position to strike by May 19. Negotiations are still ongoing.

About the author

Glacier FarmMedia Feed

GFM Network News

Glacier FarmMedia, a division of Glacier Media, is Canada's largest publisher of agricultural news in print and online.

GFM Network News's recent articles



Stories from our other publications