NewsAlert: Canada adds 27,700 jobs in May, unemployment rate falls to record low

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Steel workers build a structure in Ottawa on Monday, March 5, 2018. THE CANADIAN PRESS/Sean Kilpatrick

OTTAWA – Statistics Canada says the economy added 27,700 jobs 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.

More coming

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