National Bank Previews This Week's Labor Market Report in Canada

Canada's main macroeconomic event this week will be the release of the March Labour Force Survey (LFS), said National Bank of Canada.Canada will release the March LFS on Friday at 8:30 a.m. ET.After two significant declines in January and February, the bank expects employment to have rebounded slightly during the month, with an increase of 10,000 jobs.Despite this gain, the unemployment rate may have risen by one-tenth of a point, reaching 6.8%, stated National Bank. This is due to the fact that, after falling by no less than five-tenths of a point in the first two months of the year, the participation rate may have increased again, from 64.9% to 65.0%.

-- Canada's main macroeconomic event this week will be the release of the March Labour Force Survey (LFS), said National Bank of Canada.

Canada will release the March LFS on Friday at 8:30 a.m. ET.

After two significant declines in January and February, the bank expects employment to have rebounded slightly during the month, with an increase of 10,000 jobs.

Despite this gain, the unemployment rate may have risen by one-tenth of a point, reaching 6.8%, stated National Bank. This is due to the fact that, after falling by no less than five-tenths of a point in the first two months of the year, the participation rate may have increased again, from 64.9% to 65.0%.