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June 28 2018

Canada Adds 32,300 Full-Time Jobs, as Jobless Rate Stays at Record Low

The Canadian economy delivered 32,300 net new jobs last month as Canada generated a rush of full-time work that helped hold the national unemployment rate at a record low.

Statistics Canada says the jobless rate stayed at 5.8% in March for a second consecutive month, and for the third time since December. The labour force produced 68,300 full-time positions last month and shed 35,900 part-time jobs. However, the survey shows that 19,600 of the new employee positions were created in the public sector, while the number of private-sector workers declined by 7,000.

The report also found that average hourly wage growth strengthened in March to 3.3 percent, up from 3.1 percent the previous month.