Home / Market Update / Canada: Unemployment Rate Drops to 7.5% in March

Canada: Unemployment Rate Drops to 7.5% in March

The Unemployment Rate in Canada declined to 7.5% in March from 8.2% in February as the Net Change in Employment rose by 303,000, the data published by Statistics Canada revealed on Friday. Both of these readings came in stronger than analysts’ estimates.

Check Also

Oil Surge and Weak U.S. Jobs Data Push Canadian Dollar Higher

The Canadian Dollar strengthened against the U.S. Dollar on Friday as disappointing U.S. employment data …