Canadá Tasa De Empleo

Canada’s employment fell by 33,000 in March, marking the first decline since January 2022 and defying expectations of a 12,000 increase. The drop was driven by a loss of 62,000 full-time jobs (-0.4%), offsetting prior growth. The employment rate fell to 60.9% (-0.2 pp). Private sector jobs declined by 48,000, while public sector and self-employment remained stable. Employment declined in wholesale and retail trade (-29,000), as well as information, culture and recreation (-20,000). There were increases in the 'other services', such as personal and repair services (+12,000) and utilities (+4,200). Across Canadian provinces, employment fell in Ontario (-28,000) and Alberta (-15,000), while it increased in Saskatchewan (+6,600). Job losses were notable among men aged 55+ (-21,000), with their employment rate falling for a third month. Employment among core-aged men (25-54) also declined (-16,000), while women’s employment remained steady. Youth employment showed little change.