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0.000231749710312981 -0.000692931633835407 -0.00254924681344147 -0.000463499420625632 -0.000695249130938448 0.00162224797219004 0.00509849362688311 0.00625724217844735
Stock impact report

UPDATE 3-Canada loses 1.01 mln jobs in March as COVID-19 pounds labor market [Reuters]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Reuters
Canada loses 1 million jobs in March as coronavirus hammers labor market OTTAWA (Reuters) - Canada lost a record-breaking 1 million jobs in March while the unemployment rate soared to 7.8%, official data showed on Thursday, as the new coronavirus outbreak forced the closure of non-essential businesses. Statistics Canada said the data did not fully capture the extent of the job losses since the agency polled respondents before the crisis began to take its full toll. Analysts in a Reuters poll had forecast a loss of 350,000 jobs and an unemployment rate of 7.2%, up from the 5.6% seen in February. “Sticker shock for sure. This was about as bad as it could be given the weekly (unemployment) claims that have been divulged,” said Derek Holt, vice president of capital markets economics at Scotiabank. More than 5 million Canadians had applied for all forms of federal emergency unemployment help since March 15, government data showed on Thursday, suggesting the real jobless rate is closer to 2 Show less Read more
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