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The department's estimate for total payroll employment for the period from April 2023 to March 2024 was lowered by 818,000. The revision represented a total downward change of about 0.5% and means ...
When spread through the prior year, the average monthly job gain from April 2023 through March 2024 was 173,500 versus nearly 242,000, an analysis of BLS data shows.
Since March 2022, the Fed has raised its benchmark overnight interest rate by 525 basis points to the current 5.25%-5.50% range. Labor market strength is helping to sustain the economy, with ...
The job-openings-to-unemployed metric became important in recent U.S. central bank discussions, a focus of policymakers and Fed Chair Jerome Powell in particular when it spiked above the 2-to-1 ...
From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4]
[88] [89] (Also see the higher education bubble in the United States and elite overproduction.) By March 2023, the Great Resignation showed signs of petering out with fewer people quitting their positions as the job market became more competitive. Employers no longer needed to offer as many benefits in order to fill vacancies. [90]
Revisions showed 22,000 fewer jobs created in February and March than previously reported. Economists polled by Reuters had forecast payrolls advancing by 243,000. Estimates ranged from 150,000 to ...
The Job Bank is an employment website operated by Employment and Social Development Canada. It provides an online database of job listings in Canada , as well as other employment services and information for recruiters and job seekers, including career planning, resume creation, job matching, and notifications.