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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

Economies unable to put halt inflation as labor markets are very stretched

The Monetary Policy Committee (MPC) of the Reserve Bank of New Zealand has increased the Official Cash Rate (OCR) from 3.5% to 4.25%. Demand in the New Zealand economy has been resilient to global and...

In spite of good work numbers energies bump inflation

Per the US Department of Labor in the week ending August 27, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 5,000 from the previous week's revised level. The previous...

Crushing labor data in Canada, US jobs not great

In Canada employment fell by 200,000 (-1.0%) in January and the unemployment rate rose 0.5 percentage points to 6.5%. The number of people who were employed but worked less than half their usual hours rose...
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