Forex Trading: Canada Unemployment Rate 6.1 versus 6.0

The net change in employment rose 19,200 jobs in the month of April.  This was greater than expected.  The unemployment rate at 6.1% is the highest rate since June 2007.  The low was 5.8%. 

Construction (+16,200), food and accomodation (+22.200), education (+13,800) and energy sectors benefitted the most.  While agriculture (-5,400), manufacturing (-14,900) and Managment (-11,700), led the job losses.