The U.S. labor market added more jobs than expected in June, while the unemployment rate rose unexpectedly, hitting its highest level since November 2021, another sign that the labor market continues to cool. Data from the Bureau of Labor Statistics ...
The Canadian economy was virtually unchanged in June, shedding 1,400 jobs, while unemployment rose 0.2 percentage points to 6.4 per cent, Statistics Canada said Friday. Employment fell for young people between the ages of 15 and 24, with 13,000 jobs ...
(Bloomberg) — Stocks joined gains in bonds after the latest jobs report reinforced bets that the Federal Reserve will cut interest rates this year. Most Read by Bloomberg The S&P 500 hit a new record high and Treasury yields fell ...