
Lethbridge-Medicine Hat region’s jobless rate at 6.5 percent in May
OTTAWA – Statistics Canada says the economy added 27,700 jobs across Canada in May, far more than economists expected.
The unemployment rate also fell to a record low of 5.4 per cent, down from 5.7 per cent in April.
Economists had expected a gain of 8,000 jobs for the month and the unemployment rate to remain at 5.7 per cent, according to Thomson Reuters Eikon.
The better-than-expected increase in the number of jobs follows a record 106,500 jobs that were added in April. The increase in jobs was made up entirely of full-time employment as there was no change in the number of part-time jobs.