Tag: Canada
Record low EI recipients in Canada; US initial claims decrease
In March, 388,000 Canadians received regular Employment Insurance (EI) benefits, little changed from February. The number of regular EI recipients in March 2023 was...
Work compensation goes up due to marginal GDP increases and inflation
Compensation costs for civilian workers increased 1.2 percent, seasonally adjusted, for the 3-month period ending in March 2023, the U.S. Bureau of Labor Statistics...
Big economies near reaching labor capacity
At its meeting today, the Board of the Reserve Bank of Australia decided to leave the cash rate target unchanged at 3.60 per cent...
Signs towards cooling inflation on the horizon for some
Per the Australian Bureau of Statistics the monthly CPI indicator rose 6.8% in the twelve months to February. The most significant price rises were...
Work numbers show slight increase across markets
According to the UK Office for National Statistics monthly real gross domestic product (GDP) is estimated to have grown by 0.3% in January 2023,...
Rising CPI still a problem for economies around the world
According to Statistics Canada the Consumer Price Index (CPI) rose 5.9% year over year in January, following a 6.3% increase in December. Prices for...
Real GDP measures up in the US despite lingering inflation
The Bank of Canada increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at...
More workers add to US and Canada Labor force increase
According to the Statistics Canada, the national statistical office, employment rose by 104,000 (+0.5%) in December, and the unemployment rate declined 0.1 percentage points...
US and Canadian growth scramble to outpace consumer price index
According to Statistics Canada Real gross domestic product (GDP) edged up (+0.1%) in October, following a +0.2% uptick in September. Growth in services-producing industries...
GDP rises in US, Canada as labor market trying to catch up to growth
In Canada real gross domestic product (GDP) rose 0.7% in the third quarter, the fifth consecutive quarterly increase
