Statistics Canada reported Friday the economy added 40,000 jobs last month — double the consensus expectation from economists.
"The underlying trend that we're seeing over the last three to six months is still one that employment is growing ... but we are falling short of the growth in the population." Although the job gains last month mark a slight rebound in the labour market, details in the report suggest employment opportunities are not as plentiful today.
The labour market had also eased in recent months as job vacancies fall and the unemployment rate sits higher.