Canada’s economic resurgence appears well under way as January saw 76,000 new jobs and a lower unemployment rate as business sentiment improved. … READ MORE >
initial jobless claims
Even with pause, Trump’s tariffs and Canada’s response establish volatile new economic reality
While a reprieve on tariffs may be welcomed, the back-and-forth between the U.S. and Canada laid bare Canada’s economic vulnerability amid ongoing political volatility. … READ MORE >
Initial jobless claims fall to lowest level since April
Initial jobless claims fell unexpectedly to 211,000 for the last week of December, the Labor Department reported on Thursday. … READ MORE >
The Fed is right: Strong GDP data points to fewer rate cuts
The latest estimate of gross domestic product in the third quarter came out stronger than expected, rising by 3.1% instead of 2.8%. … READ MORE >
Initial jobless claims climb amid holiday volatility
First-time claims for unemployment benefits increased to 224,000 Last week, in line with the 13-week moving average of 226,000. … READ MORE >
Morning market minute: The mystery of rising long-term unemployment
But there a mystery amid today’s strong labor market: Longer-term unemployment of greater than 27 weeks is on the rise. … READ MORE >
Initial jobless claims remain stable at 213,000
First-time jobless claims remained remarkably stable at 213,000 as continuing claims increased to 1.9 million for the week ending Nov. 23. … READ MORE >
Falling jobless claims and firmer inflation point to slower rate cuts
It will most likely will take longer for the Fed to get to its destination of a 2.9% policy rate as it forecast in September. … READ MORE >
Initial jobless claims fall despite hurricane’s impact
Total initial claims dropped to 227,000 from 242,000 for the week ending Oct. 18, the Labor Department reported on Thursday. … READ MORE >
Robust economic revisions defy recession doubts
Significant revisions to income and gross domestic product from 2020 through last year help explain why the market underestimated the continuing robust economic rebound. … READ MORE >