Canada’s economy added 35,000 jobs in March, about three times more than expected.
Jobless rate holds steady at 5%
Pete Evans · CBC News ·
Canada’s economy added 35,000 new jobs in March, about three times more than what economists were expecting. (Michael Wilson/CBC)
Canada’s economy added 35,000 jobs in March, about three times more than expected.
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.
Economists polled by Bloomberg had been expecting the economy to add about 12,000 jobs during the month
More to come.
ABOUT THE AUTHOR
Pete Evans is the senior business writer for CBCNews.ca. Prior to coming to the CBC, his work has appeared in the Globe & Mail, the Financial Post, the Toronto Star, and Canadian Business Magazine. Twitter: @p_evans Email: pete.evans@cbc.ca