Here comes Canada’s jobs report…
Fred Thornhill/Reuters
Production Associates inspect cars moving along assembly line at Honda manufacturing plant in Alliston, Ontario March 30, 2015.
The latest read on the Canadian labor market will be out at 8:30 a.m. ET.
Economists forecast that the Canadian economy added 10,000 jobs in April.
Moreover, the unemployment rate is expected to hold flat at 6.7%.
“Given the recent strength of incoming GDP data, we wouldn’t be surprised by another moderate 10,000 jobs gain in April,” David Madani of Capital Economics said in a note.
The previous month saw 19,400 jobs added, far above economists’ expectations of 5,700. Crucially, almost all the jobs added in March were full-time, as opposed to part-time.
Refresh this page for updates 8:30 a.m. ET.
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