Millions of Americans already have lost their jobs due to the coronavirus crisis and the worst of the damage is yet to come, according to the Federal Reserve.
— Read on www.cnbc.com/2020/03/30/coronavirus-job-losses-could-total-47-million-unemployment-rate-of-32percent-fed-says.html
Tag: Jobs
500,000 Jobless Claims Send Canada’s Labor Market Into Freefall – Bloomberg
Prime Minister Justin Trudeau said half a million Canadians, or about 2.5% of the labor force, have applied for jobless claims this week, smashing previous records and suggesting the nation is already in a deep recession.
— Read on www.bloomberg.com/news/articles/2020-03-20/canada-sees-500-000-employment-insurance-applications-this-week
Canada Coronavirus News: Job Numbers Show Scale of Crisis – Bloomberg
The historic response to Canada’s economic crisis by Justin Trudeau’s government is only just beginning.
— Read on www.bloomberg.com/news/articles/2020-03-21/-atomic-jobless-bomb-forces-canada-to-confront-scale-of-crisis
US Jobs Report December 2019: Only 145K payrolls added, 3.5% unemployment
The U.S. jobs market ended 2019 on a sour note, with December’s payroll and wage growth missing expectations, according to Labor Department.
— Read on www.cnbc.com/2020/01/10/us-nonfarm-payrolls-december-2019.html
U.S. job growth cools in December, but labor market tight – Reuters
U.S. job growth slowed more than expected in December, but the pace of hiring likely remains sufficient to keep the longest economic expansion in history on track despite a deepening downturn in a manufacturing sector stung by trade disputes.
— Read on www.reuters.com/article/us-usa-economy/u-s-job-growth-cools-in-december-but-labor-market-tight-idUSKBN1Z90E6
Canada Jobs Report December 2019: Employment Bounces Back – Bloomberg
Canadian employment rebounded in December after two straight monthly declines, capping the second-best year since the recession and supporting the Bank of Canada’s view that the bottom isn’t coming out of the labor market.
— Read on www.bloomberg.com/news/articles/2020-01-10/canada-s-jobs-machine-bounces-back-adding-35-200-in-december
Canada’s job market produces another surprise gain in September – BNN Bloomberg
Canada’s job market produces another surprise gain in September – BNN Bloomberg
— Read on www.bnnbloomberg.ca/canada-s-job-market-produces-another-surprise-gain-in-september-1.1330178
Gold Holds Above $1,500 as Traders Await Key U.S. Jobs Report
(Bloomberg) — Gold held above $1,500 an ounce as investors awaited a key monthly U.S. jobs report for further clues about the strength of the economy and whether the Federal Reserve will reduce interest rates again.Bullion is heading for a weekly gain after a slew of data pointed to widening economic
— Read on ca.finance.yahoo.com/news/gold-extends-push-above-1-023050455.html