Finance News – Unemployment Rate
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Unemployment creeps up as firms cut jobs following Reeves tax raid
Recent job reductions by companies have led to a slight increase in the unemployment rate, potentially challenging government efforts to stimulate economic growth and improve emplo...
Read Full Article →'Grinding' rise in unemployment rate means Bank of Canada will start cutting rates again
The gradual increase in joblessness suggests the Bank of Canada may consider lowering interest rates to support economic stability, according to various economic experts analyzing...
Read Full Article →US jobs market slows down as businesses cope with Trump trade war uncertainty
The decrease in job growth during May, influenced by federal workforce reductions and trade-related uncertainties, suggests potential challenges for economic expansion and labor ma...
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 →U.S. Added 139K Jobs in May, Roughly In Line With Forecasts
The increase in employment by 139,000 positions in May, along with an unchanged unemployment rate of 4.2%, aligns closely with predictions, indicating steady labor market condition...
Read Full Article →Posthaste: Canada's unemployment rate could reach 7.5% on still strong immigration, says economist
An increase in the unemployment rate to 7.5%, influenced by sustained immigration levels, may intensify existing challenges in the labor market and impact economic conditions relat...
Read Full Article →Canada's unemployment rate ticks up to 7% in May, highest in 9 years outside of pandemic
The recent increase in Canada's jobless rate to seven percent may impact economic growth and influence government policy decisions regarding labor markets and social support progra...
Read Full Article →Did trade wars stop businesses from hiring? The May jobs report will give us the answer.
The upcoming May employment data will reveal whether recent trade conflicts have influenced hiring trends by potentially causing an increase in the number of individuals without jo...
Read Full Article →Employment surges in April and unemployment rate holds steady
The unexpected increase in job creation during April contributed to a stable unemployment rate, indicating positive momentum in the labor market that may influence future economic...
Read Full Article →Bank of Canada to start cutting rates again as jobs blow from tariffs materializes, economists say
Economists suggest that the rise in unemployment to 6.9% may prompt the Bank of Canada to reduce interest rates, aiming to support economic growth amid emerging trade-related chall...
Read Full Article →Canada's unemployment rate climbs to 6.9% as tariffs bite
The rise in joblessness to 6.9% reflects growing concerns that escalating trade tensions may be negatively affecting employment opportunities across various sectors in Canada.
Read Full Article →Canada's unemployment rate ticked up to 6.9% in April, matching pre-pandemic high
The recent rise in Canada's jobless rate to 6.9% highlights ongoing challenges in the labor market, potentially influencing economic growth and government policy decisions.
Read Full Article →April jobs report shows solid but slowed growth
The latest employment data revealed moderate expansion in the labor market, indicating steady job creation while highlighting ongoing challenges within the broader economic recover...
Read Full Article →Bitcoin edges towards $97,000 as US labor market exceeds job growth expectations
The stronger-than-expected job growth and stable unemployment rate in the US may boost investor confidence, potentially influencing demand for Bitcoin as a financial asset.
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