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unemployment rate

Bussiness

The job market is flashing a classic pattern that signals a recession is coming, Citi says

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The August jobs report marked an improvement from the prior month but failed to quell Wall Street's recession fears, even with the Federal Reserve...
Bussiness

The jobs report answered one key question — but left us guessing on another

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This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:Throughout the week,...
Sports

Stock market today: Nasdaq, S&P 500 see worst week of the year in volatile start to September

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US stocks sold off Friday following a weak jobs report for August. But one economist predicts market volatility will likely continue in the months...
Sports

‘The time has come’: Why the August jobs report keeps the Fed on track for a 25 basis point rate cut

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A rebound in the job market in August that still showed signs of cooling is likely to keep the Federal Reserve on track to...
Bussiness

Recent immigrants shut out of strong wage growth as unemployment rises in Canada

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OTTAWA — Canada's unemployment rate continued to trend higher in August — reaching 6.6 per cent — as the job market slowdown hits workers...
Jobs

Canada Jobless Rate Jumps to Highest Since 2017 Outside Covid

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(Bloomberg) -- Canada’s unemployment rate jumped by more than expected, raising questions about whether the labor market is loosening at a pace that would...
Bussiness

Layoffs are on the rise: What economists say about the latest jobs numbers

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Canada’s unemployment rate rose 0.2 percentage points to 6.6 per cent in August as the economy was unable to generate enough jobs to keep...
Bussiness

Sluggish US jobs report clears the way for Federal Reserve to cut interest rates

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WASHINGTON (AP) — Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the...
Bussiness

Canada’s unemployment rate rises to 6.6%

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Canada’s unemployment rate rose to 6.6 per cent in August, with 1.5 million Canadians unemployed last month, Statistics Canada said Friday.Compared to August of...
Bussiness

TSX futures fall ahead of US jobs data

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(Reuters) - Futures tied to Canada's main stock index slipped on Friday as investors adopted a cautious stance ahead of the crucial employment data...
Bussiness

Futures drop as investors brace for payrolls data

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(Reuters) - U.S. stock index futures fell on Friday ahead of key jobs data that could be pivotal when the Federal Reserve decides on...
Bussiness

Dollar wobbles on rising bets of outsized Fed rate cut

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By Rae WeeSINGAPORE (Reuters) - The dollar dipped on Thursday as traders ramped up bets for a supersized rate cut from the Federal Reserve...
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