TORONTO, May 10 (Reuters) - The Canadian economy in April recovered 12,500 of the 54,500 jobs estimated to have been lost in March, but the unemployment rate stayed at 7.2 percent, Statistics Canada reported on Friday.
DAVID TULK, CHIEF CANADA MACRO STRATEGIST AT TD SECURITIES
'It was a very choppy report, but basically in line with consensus. Nothing that really stands out to really drive policy one way or another.'
'The initial knee jerk move lower in the Canadian dollar ... that will just unwind itself and we shouldn't see any lasting implications from this report.'
MARK CHANDLER, HEAD OF CANADIAN FIXED INCOME AND CURRENCY STRATEGY, RBC CAPITAL
'The numbers were very close to consensus. It was sort of a mixed bag on the details, with some of it positive - like the 36,000 increase in full-time (jobs), but private employment was down 20,000 and if you look on a year-on-year basis it is basically flat.'
'It's been a sort of disappointing start to the year on employment, but some of that also reflects the inexplicably strong growth that we had in the second half of last year.'
'(Bank of Canada) policy is on hold, period. It would have had to have been something well outside of expectations and obviously it wasn't - there is nothing in here that would change policy.'
(Reporting by Andrea Hopkins, Euan Rocha and Solarina Ho; Editing by Jeffrey Hodgson) Keywords: CANADA ECONOMY/JOBS
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