Canada's economy added 35,000 jobs in March, about three times more than expected. Statistics Canada says the jobless rate held steady at five per cent because more people were looking for work, too.
Statistics Canada reported Thursday that despite the surge in hiring, the jobless rate held steady at five per cent because more people were looking for work, too.
Virtually all the new jobs were in the private sector, as the public sector and self-employment were both essentially flat.Transportation and warehousing, which added 41,000 workers.Finance, insurance, real estate, rental and leasing added 19,000 people.Construction, down 19,000 workers.By province, Ontario added 21,000 jobs, Alberta added 14,000, Manitoba added 3,300 and Prince Edward Island added 1,700. Saskatchewan lost 4,300 jobs and there was little change in the other provinces.
Royce Mendes, an economist with financial services conglomerate Desjardins, said the jobs number suggests the economy is doing better than some people had feared.
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