StatCan to publish March jobs data after labour market’s rough start to 2026
Part-time hiring drove the gain while full-time jobs fell, and wages rose 4.7% from a year earlier, Statistics Canada said.
- Statistics Canada reported that 14,000 jobs were added in March, meeting economists' expectations.
- The unemployment rate stayed steady at 6.7 percent in March.
- Job growth in March was mainly driven by the 'other services' category, including repair and maintenance work.
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StatCan to publish March jobs data after labour market’s rough start to 2026
OTTAWA — Statistics Canada is set to provide fresh labour market data for March this morning. A Reuters poll of economists expects the Canadian economy added 15,000 jobs last month after shedding more than 100,000 positions over the first two months of the year. That poll also calls for the unemployment rate to tick up to 6.8 per cent. RBC economists, who are predicting the jobless rate will hold steady at 6.7 per cent, say a weak pace of hiring…
CAD: Jobs data and BoC stance guide Loonie – ING
The post CAD: Jobs data and BoC stance guide Loonie – ING appeared on BitcoinEthereumNews.com. ING’s Francesco Pesole points to Canada’s March labour report as key for Bank of Canada (BoC) expectations, stressing that the unemployment rate matters more than volatile monthly payrolls. With markets pricing about 40bp of tightening by December despite limited BoC appetite for hikes, he sees risks to Canadian Dollar (CAD) front-end rates as dovish a…
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