In this morning’s U.S. Bureau of Labor Statistics data release, the U-3 unemployment rate rose 4.1 percent in June 2024, up one-tenth of a percentage point above the projected rate. The U-3 rate measures the percentage of the civilian labor ...
OTTAWA (Reuters) – Canada’s jobless rate rose to a 29-month high of 6.4%, data showed on Friday, underscoring that people may be losing jobs as the labor market struggles to absorb a population growing rapidly. The jobs report, which also ...