No change for national unemployment rate; B.C. is up

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VANCOUVER (NEWS1130) – Canada added 17,900 jobs in March, fewer than economists predicted, as construction and natural resources companies hired while the service industry shrank keeping the unemployment rate unchanged at 8.2 per cent.

The median forecast of economists surveyed by Bloomberg was for a 26,000 gain in employment and for the jobless rate to decline to 8.1 per cent.  However, today’s employment gain is the third straight, adding to evidence of a rebound in the early part of the year.

B.C.’s unemployment rate jumped to 7.9 per cent from 7.7 per cent  in February as full time job losses outnumbered part-time gains as the labour force grew a bit.

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