Canada lost 33,000 jobs in March as U.S. tariffs came into effect. Expect more layoffs in the coming months as tariffs cause widespread economic pains. … READ MORE >
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Job openings and manufacturing data deepen concerns over growth and inflation
Manufacturing activity and sentiment contracted again after two months of modest expansion mostly because of the impact of anticipated tariffs on orders and prices. … READ MORE >
Job openings rise above expectations in January
The quit rate, a proxy for labor demand, rose in January, indicating that workers were in a stronger bargaining position as demand increased. … READ MORE >
Canada’s economy surged last quarter, but U.S. tariff threats cloud 2025 forecast
Canada’s economy showed promising growth in the last quarter of 2024 and is poised to have a robust 2025—provided U.S. tariffs don’t take effect. … READ MORE >
Canada’s jobs report exceeds expectations for December
Canada’s jobs report for December exceeded expectations in several ways, a credit to a resilient economy poised to grow as more rate cuts are expected. But the risks of tariffs and trade tension affecting the growth and recovery outlook cannot be ignored. … READ MORE >
October job openings surge as labor market shows resilience
Total job openings in October rose to 7.74 million from 7.37 million, the Bureau of Labor Statistics reported on Tuesday. … READ MORE >
Consumer confidence strengthens despite cooling labor demand
Job openings fell to 7.4 million, the fewest since 2021, from 7.86 million, while hirings rose to 5.56 million from 5.4 million according to the Bureau of Labor Statistics. … READ MORE >
Manufacturing and labor markets give mixed signals amid Fed’s pivot
The ISM manufacturing index for September stayed unchanged at 47.2, indicating a contraction of overall activity for the sixth consecutive month. … READ MORE >
Job openings fall amid imminent rate cuts
With job openings falling back to normal and the labor supply increasing, the labor market was in balance in July. … READ MORE >
Job openings exceed forecasts as layoffs and quits reach multiyear lows
Job openings continued to point to strong labor demand, staying above forecast at 8.18 million in June. May’s number was also revised up to 8.23 million. … READ MORE >