Canada: Net change in employment -7.2K vs +1K expected

"Following increases in January and February, employment held steady in March. The unemployment rate remained unchanged at 5.8%," Statistics Canada reported on Friday.

Key takeaways from the press release

• In the first quarter of 2019, employment rose by 116,000 (+0.6%).
• On a year-over-year basis, employment grew by 332,000 (+1.8%), with gains in both full- (+204,000) and part-time (+128,000) work.
• Over the same period, total hours worked rose by 0.9%.