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Canada Unemployment Rate Continues to Climb
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The Wall Street Journal - World
The Labor Department reported that the U.S. added a solid 206,000 jobs last month, slightly beating expectations and continuing a remarkably strong run, but the unemployment rate ticked up to 4.1%, a sign of slack in a labor market.
The Labor Department reported that the U.S. added a solid 206,000 jobs last month, slightly beating expectations and continuing a remarkably strong run, but the unemployment rate ticked up to 4.1%, a sign of slack in a labor market. -
CNBC - Business
U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%
Nonfarm payrolls were expected to increase by 200,000 in June, according to economists surveyed by Dow Jones. -
CNBC - Business
10-year Treasury yield falls after unemployment rate rises unexpectedly
U.S. Treasury yields held steady on Friday as markets reopened after the July holiday and investors awaited the latest nonfarm payroll data. -
ABC News - Top stories
Average rate on 30-year mortgage climbs for 1st time since late May to just under 7%
The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May -
The Wall Street Journal - World
Weak Labor Market to Offer Bank of Canada Comfort on July Rate Cut
A weak employment report for June should provide comfort to the Bank of Canada about following up June’s interest rate cut with another reduction in July, says CIBC Capital Markets. -
Financial Times - World
US economy adds more jobs than forecast but unemployment rises
Labour market shows signs of cooling as jobless rate increases to 4.1% in June and recent jobs growth is revised lower -
The Guardian - World
The Observer view on the new Labour government: a fine start but still a mountain to climb
The prime minister has reminded the country that politics can be a force for good and change people’s lives. It could not come soon enough. After 14 years, Britain at last has a government motivated by re-energising a sluggish economy rather than ... -
Financial Times - World
Labour’s mountain to climb: the challenge facing Keir Starmer’s government
Seven charts that show the scale of problems in UK public services after decades of under-investment -
The Wall Street Journal - World
German Industry Continues to Struggle
German industrial production slumped in May as car manufacturing tailed off, after an uptick in the sector at the start of this year faded away.Germany
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