WRAPUP 2-Canada adds record 106,500 jobs, in a boost for Trudeau ahead of October vote

[TomSea]

WRAPUP 2-Canada adds record 106,500 jobs, in a boost for Trudeau ahead of October vote
By Steve Scherer

OTTAWA, May 9 (Reuters) - The Canadian economy added a record 106,500 jobs in April, Statistics Canada said on Friday, a timely boost for Prime Minister Justin Trudeau, who trails in opinion polls less than half a year before the October general election.

The April gain far outstripped analysts’ expectations of 10,000 jobs. The unemployment rate declined to 5.7%, the lowest since December, from 5.8% in March. Analysts in a Reuters poll had forecast 5.8%.

The job gain was led by employment increases in the two most populous provinces, Ontario and Quebec, important battlegrounds in the upcoming vote.

Read more at: https://www.reuters.com/article/canada-economy/wrapup-2-canada-adds-record-106500-jobs-in-a-boost-for-trudeau-ahead-of-october-vote-idUSL5N22L8IK?feedType=RSS&feedName=marketsNews&rpc=56

Strong economy.