Finance News – Jobless Rate
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Jobless rate hits four-year high - but makes interest rate cut more likely
The unexpected increase in unemployment to its highest level in four years may influence the Bank of England to consider lowering interest rates to support economic growth.
Read Full Article →Hike in jobless rate to sway Bank of Canada to cut rates: CIBC
The recent increase in unemployment is likely to influence the Bank of Canada’s decision-making, potentially prompting a reduction in interest rates to support economic stability.
Read Full Article →Unemployment, inflation and travel amid ongoing tariff uncertainty: FP video
Rising unemployment and persistent inflation concerns are influencing Canadians' travel decisions, as ongoing tariff uncertainties continue to impact the overall economic landscape...
Read Full Article →Jobless rate to hit 7.3% as tariffs bite: Deloitte
Rising unemployment, influenced by increased trade restrictions, could slow economic growth and impact consumer spending, signaling potential challenges for businesses and overall...
Read Full Article →Posthaste: Canada is in for a rough couple of quarters, say economists
Economists forecast a brief economic downturn in Canada, with unemployment rising to approximately 7.3%, before a gradual recovery strengthens financial conditions in the following...
Read Full Article →UK unemployment rises to highest in four years
The recent increase in joblessness and decline in payroll employment reflect economic challenges linked to recent fiscal policy changes affecting businesses during the early months...
Read Full Article →Canada's unemployment rate hits 7%, highest since 2016 outside the pandemic
The notable rise in unemployment, particularly among students exceeding 20%, may impact household incomes and consumer spending, potentially influencing economic growth and financi...
Read Full Article →Canadian dollar heads for weekly decline as jobless rate climbs
The Canadian currency weakened against the U.S. dollar this week due to an increase in unemployment, highlighting concerns about the country’s economic outlook and labor market con...
Read Full Article →The job market for new Canadian graduates is brutal – and could get even worse
Recent Canadian graduates face historically high unemployment rates, reflecting broader economic challenges that may negatively impact their financial stability and career prospect...
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