Canada’s jobless rate rose to 6.7% in March as expected by analysts from 6.6% in February.
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Canada’s economy lost 32.6 thousand new jobs in March, the first such loss since July 2024, while analysts expected the addition of 1.4 thousand new jobs.
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The US economy added 228 thousand new jobs in March, way above estimates of 137 thousand, but the previous reading was revised downward to show the addition of 117 thousand new jobs instead of 151 thousand.
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US average hourly earnings rose 0.3% in March as expected, same as the previous reading.
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