The domestic economy in Canada continued to surprise today, as the number of jobs created in February came in way above expectations. The Canadian economy another 43,000 jobs in February, according to data released today by Statistics Canada. Economists had been expecting only about 8,000 jobs to be created for the month. BMO Capital Markets […]
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U.S. employers reduced their payrolls by 17,000 jobs in January, marking the first cut since August 2003.The job losses noted in today’s report from the U.S. Labor Department came as a surprise. Economists had been looking for payrolls to grow by about 70,000.“The unexpected drop in January employment adds to the mounting problems confronting the […]
Labour force productivity improvements needed to further boost standard of living: Global Insight
Resulting income gains will help shield consumers from U.S. slowdown
But beleagured manufacturing and export sectors will experience difficult bargaining
Loonie tumbles on weaker-than-expected employment report
U.S. posts modest job gains
Loonie tops US$1.07
Manufacturing sector loses another 3,200 jobs