Canada’s unemployment rate hits record low as frenetic labour market persists

Canada’s unemployment rate hit a record low in March as employers bulked up their staffing levels, the latest sign of frenetic activity in the country’s labour market.

The economy added 73,000 positions last month, following a blowout return of 337,000 in February, Statistics Canada said Friday. The unemployment rate fell to 5.3 per cent, which is the lowest in nearly five decades of comparable data from the country’s Labour Force Survey.Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.

AND The labour shortage isn't over Employers are having to lower their hiring expectations

cdnpoli cdnpolitics Canada Oh, this is going to take the senior spin doctors of the Conservative party to turn this into a minus.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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Rising rates to cool Ontario housing market more than pre-election promisesMortgages are fast becoming more expensive with the Bank of Canada signalling multiple hikes this year. Economists are betting on a rare half-point increase in April
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