© Reuters. FILE PHOTO: A building employee walks previous a condominium website with a roll of cable in Toronto, Ontario, Canada, October 8, 2021. REUTERS/Chris Helgren
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OTTAWA (Reuters). Canada’s financial system added extra jobs than anticipated in March and the unemployment charge remained close to a report low for the fourth straight month, information confirmed Thursday, suggesting the labor market stays resilient regardless of fears of an financial slowdown.
The financial system added 34,700 jobs, virtually totally within the personal sector, and the unemployment charge remained regular at 5.0%, Statistics Canada mentioned.
Analysts polled by Reuters had anticipated 12,000 jobs to be added in March and the unemployment charge to rise to five.1% from 5.0% in February.
Employment development final month was pushed by the providers sector, which added a web 75,500 jobs, largely in transportation and warehousing and assist providers. These additions greater than offset a decline of 40,900 jobs within the items sector, which was dragged down by job losses in building in addition to pure sources.
