CAD sees little reaction to Canada labour market report

The Canadian economy added only72.5 k jobs in March, following a 336.6k gain in February 336.6 and below market expectations of 80k. It was mainly driven by an increase of 93K in full-time work while part-time jobs fell by 20.3K. Employment rose in both the services-producing (42K) and the goods-producing (31K) sectors. Ontario, Quebec, New Brunswick and Prince Edward Island recorded employment growth.

The unemployment rate in Canada fell to 5.3% in March of 2022 from 5.5% in February and in line with analysts' estimates.

USDCAD saw relatively small reaction to today’s data releases. Currency pair continued to trade around 1.2590 level. Source: xStation5

8 May 2026, 1:30 PM

BREAKING: US Labor Market Stronger Than Expected, While Wage Pressure Eases. EURUSD gains!🚨

8 May 2026, 11:59 AM

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7 May 2026, 9:45 AM

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Economic reports

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