Canada recovers some of March’s big job loss in April

Canada recovers some of March’s big job loss in April

14 May, 2013

The Canadian economy in April recovered 12,500 of the 54,500 jobs estimated to have been lost in March, but the unemployment rate stayed at 7.2%, reported on Friday.

The figures were in line with the median forecast, in a Reuters survey of economists, of 15,000 new jobs and a 7.2% jobless rate. The unemployment rate had risen to that level in March from 7.0% in February.

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