The job number were released for March
for both Canada and the United States. Overall, the numbers were
disappointing.
Here are the highlights:
Canada:
· Canada lost 54,500 jobs in March and the unemployment rate climbed two-tenths of a point to 7.2 per cent.
· Provincially, employment declined in Quebec, British Columbia and Alberta, and edged down in Ontario. The only province with an increase was Nova Scotia.
· In Ontario, employment edged down by 17,000 in March, following an increase of 35,000 in February.
· The biggest increase in the employment rate was for Youths 15-24, increasing the unemployment rate from 13.6% to 14.2%
· If you want more details about the release, you can check it out at http://www.statcan.gc.ca/daily-quotidien/130405/dq130405a-eng.htm.
United States:
· Hiring was much slower than expected in March, with the U.S. economy only adding 88,000 jobs. The jobless rate fell to 7.6% from 7.7%, according to a Labor Department report released Friday.
· Economists surveyed by CNNMoney were expecting an increase of 190,000 jobs for March.
Here are the highlights:
Canada:
· Canada lost 54,500 jobs in March and the unemployment rate climbed two-tenths of a point to 7.2 per cent.
· Provincially, employment declined in Quebec, British Columbia and Alberta, and edged down in Ontario. The only province with an increase was Nova Scotia.
· In Ontario, employment edged down by 17,000 in March, following an increase of 35,000 in February.
· The biggest increase in the employment rate was for Youths 15-24, increasing the unemployment rate from 13.6% to 14.2%
· If you want more details about the release, you can check it out at http://www.statcan.gc.ca/daily-quotidien/130405/dq130405a-eng.htm.
United States:
· Hiring was much slower than expected in March, with the U.S. economy only adding 88,000 jobs. The jobless rate fell to 7.6% from 7.7%, according to a Labor Department report released Friday.
· Economists surveyed by CNNMoney were expecting an increase of 190,000 jobs for March.