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 ...
TOKYO (Reuters) – Japanese household spending fell unexpectedly in May as higher prices continued to squeeze consumers’ purchasing power, data showed on Friday, complicating the central bank’s decision on how quickly to raise interest rates. Many analysts expect consumption to ...
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 ...
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 ...