The data published by Statistics Canada revealed on Thursday that the Unemployment Rate stayed unchanged at 5% in March. This reading came in slightly better than the market expectation of 5.1%.
Further details of the publication revealed that the Net Change in Employment came in at 34.7K in March, surpassing analysts' estimate of 12,000. Finally, the Participation Rate edged lower to 65.5% from 65.7%.
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