Canada’s economy added 35,000 jobs in March, about three times more than expected.
Statistics Canada reported Thursday that despite the surge in hiring, the jobless rate held steady at five per cent because more people were looking for work, too.
Economists polled by Bloomberg had been expecting the economy to add about 12,000 jobs during the month.
Virtually all the new jobs were in the private sector, as the public sector and self-employment were both essentially flat.
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Several industries saw hiring surges, especially service sector jobs like:
Transportation and warehousing, which added 41,000 workers.Building and other support services, up 31,000.Finance, insurance, real estate, rental and