Canada's labour market experienced a loss of 2,200 jobs in March, leading to an increase in the unemployment rate to 6.1%. This rise in unemployment was driven by a significant number of individuals searching for work or on temporary layoff. It marks the largest monthly increase since August 2022 and the highest unemployment rate since January 2022.
Canada ’s labour market lost 2,200 jobs in March, and the unemployment rate increased to 6.1 per cent, according to Statistics Canada . Canada ’s labour market lost 2,200 jobs in March and the unemployment rate increased to 6.1 per cent, Statistics Canada said on Friday.
Economists polled by Reuters had expected a net gain of 25,000 jobs in March, and the unemployment rate to edge up from 5.8 per cent in February to 5.9 per cent.
US economy adds 303,000 jobs, unemployment falls to 3.8% in March as labor market continues to impressFifty new Canadian ETFs have been launched so far in 2024, according to National Bank Financial's data, with 17 funds delisted.Rated lowest margin fees by StockBrokers.com. Borrow against your securities at low cost. Rates subject to change. Your capital is at risk.OTTAWA — Canada's merchandise trade surplus increased to $1.
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