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jobless puzzle pieces

Many economists don’t expect the Fed to cut rates again until the second half of 2025, if at all

Concept of a social network

Increased volumes of work, turnover cited as reasons for hiring

Empty chairs

Payroll employment, job vacancies both decline as labour demand ebbs

Fighting for empty office chair

Job vacancies continue decline, total labour demand slips, in third quarter

Bank of Canada note

"Underlying growth momentum has been robust," TD senior economist writes

  • By: Kevin Press
  • December 11, 2024 December 11, 2024
  • 14:11
jobless puzzle pieces

OECD unemployment rate has stayed low since early 2022

A man looks through a magnifying glass

Despite intensified uncertainty, risk landscape is largely stable

Bank of Canada facade

Tariff threats cloud an otherwise positive North American outlook

U.S. dollar

Resilient U.S. consumers, tariff threats, immigration shifts potentially inflationary

Job search

Meanwhile, those who have lost their jobs are finding it harder to land a new one