Unexpected job market pullback signals rate hikes may start to bite in Canada

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

The unemployment rate rose for the first time in nine months to 5.2% in May From m_zadikian

Labour market strength has been a sticking point in the Bank of Canada's fight to get inflation back down to two per cent. REUTERS/Mark Blinch

Total hours worked fell 0.4 per cent month-over-month, which could have negative implications for GDP. In the first quarter alone, 231,000 jobs were added, making it the best non-pandemic quarter on record, according to BMO Capital Markets.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares