Unemployment rate held steady at 5.0% in March

eAwazLocal News

Ottawa – Employment rose by 35,000 (+0.2%) in March, and the unemployment rate held steady at 5.0%. There were more people employed in transportation and warehousing (+41,000; +4.2%); business, building and other support services (+31,000; +4.4%); as well as finance, insurance, real estate, rental and leasing (+19,000; +1.3%). At the same time, employment declined in construction (-19,000; -1.2%); “other services” (which …

Stats Canada: GDP rose 0.7% in March

eAwazLocal News

Ottawa – Real gross domestic product (GDP) rose 0.7% in March, following a 0.9% expansion in February. Broad-based increases across most sectors were led by client-facing industries. Both services-producing (+0.6%) and goods-producing (+0.9%) industries were up, as 14 of 20 industrial sectors expanded in March. Advance information indicates that real GDP increased 0.2% in April. Output was up in the mining, quarrying and …