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Canada Labour Force Survey, May 2025
Employment was little changed in May (+8,800; +0.0%) and the employment rate held steady at 60.8%. The unemployment rate rose 0.1 percentage points to 7.0%. In May, employment among core-aged (25 to 54 years old) women increased by 42,000 (+0.6%), while among core-aged men it fell by 31,000 (-0.4%). Employment was little changed for youth and people aged 55 years and older. In May, employment grew in wholesale and retail trade (+43,000; +1.5%), information, culture and recreation (+19,000; +2.3%), finance, insurance, real estate, rental and leasing (+12,000; +0.8%) and utilities (+4,900; +3.1%). Employment fell in ... (full story)
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Canada's unemployment rate in May at almost nine-year high outside of COVID years
Canada's unemployment rate in May jumped to its highest level in almost nine years outside of the pandemic era with 1.6 million jobless people in the country amid a constrained labor market, data showed on Friday. The unemployment rate ticked up to 7% in May from 6.9% in April, a third consecutive monthly increase, Statistics Canada said, adding that the total jobless people in May were almost 14% higher than what was seen a year ago. This was primarily driven by an almost flat employment growth amid a rising population, even though there were no major mass layoffs. This level of unemployment was last seen in ... (full story)
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From bls.gov|Jun 6, 2025|34 commentsTotal nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. ...
From cnbc.com|Jun 6, 2025A high-stakes call between the U.S. and Chinese presidents on Thursday has yet to resolve a global shortage of rare earth exports that businesses say could halt production of cars ...
From @realDonaldTrump|Jun 6, 2025|28 comments
Prices are down, income is up, our Border is closed, gasoline is CHEAP, inflation is DEAD — Our Country is BOOMING! Companies are pouring into America like never before!
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From @DeItaone|Jun 6, 2025|8 commentsWHITE HOUSE TRADE ADVISER NAVARRO: EXPECT U.S.-CHINA MEETING TO TAKE PLACE WITHIN SEVEN DAYS NAVARRO: U.S.-CHINA MEETING EXPECTED WITHIN A WEEK White House trade adviser Peter Navarro says a U.S.-China meeting is likely within seven days. Comes amid rising trade friction and renewed urgency for diplomatic engagement. #USChina #TradeTalks #Navarro #Geopolitics … pic.twitter.com/TediWhTlWb
From think.ing.com|Jun 6, 2025The Reserve Bank of India (RBI) delivered a larger-than-expected 50bp cut to the repo rate, bringing it down to 5.5%. This brings total rate cuts by the RBI to 100bp in this ...
From @realDonaldTrump|Jun 6, 2025|9 comments“Too Late” at the Fed is a disaster! Europe has had 10 rate cuts, we have had none. Despite him, our Country is doing great. Go for a full point, Rocket Fuel! If “Too Late” at the Fed would CUT, we would greatly reduce interest rates, long and short, on debt that is coming due. Biden went mostly short term. There is virtually no inflation (anymore), but if it should come back, RAISE “RATE” TO COUNTER. Very Simple!!! H...
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