California leads biopharma job openings. This and more in this week’s life sciences update. … READ MORE >
Blog
Immigration and the rebalancing of the Canadian economy
Canada’s shifting immigration policies highlight the delicate balance between addressing short-term economic concerns and safeguarding long-term growth. … READ MORE >
Producer inflation and initial jobless claims stabilize further
While the producer price index came out slightly higher than forecasted at 0.3% on the month and 1.7% on a year-ago basis, it remained on a moderating trend with July’s number being revised down. … READ MORE >
FOMC preview: Why the Fed’s pivot to lower rates matters
The Fed’s policy decision next week will put forward major changes to its outlook, including the dot plot, the Summary of Economic Projections and the language within the statement around economic conditions. … READ MORE >
U.S. August CPI: Further signs of moderation as energy prices decline
Inflation inside the consumer price index continued to moderate in August as the top-line figure increased by 0.2% on the month and by 2.5% on a year-ago basis. … READ MORE >
Financial markets update: Front-running the Fed’s first cut, and our new call on rates
We are updating our year-end rate call to 3.7% on the 10-year yield with risk of a move lower as growth, inflation and hiring cool. … READ MORE >
Manufacturing sector jobs dipped in August
The manufacturing sector lost 24,000 jobs in August, following an upward-adjusted addition of 6,000 in July, according to the Bureau of Labor Statistics. … READ MORE >
Health care experiences lowest month of jobs added since 2022
The health care sector’s hiring spree has slowed significantly in August, adding just 31,000 jobs, according to the Bureau of Labor Statistics. … READ MORE >
Canada’s job market continued to cool in August
The data in Canada’s labour survey for August paints a picture of a cooling job market as the economy added a mere 22,000 jobs and the unemployment rate rose to 6.6 per cent. … READ MORE >
U.S. August jobs report: A soft landing in the economy
Hiring is cooling and we expect that will define the second half of the year as firms manage their mix of capital and labor to meet demand. … READ MORE >