Why jobless claims don't capture the full labor market picture

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Unemployment Benefits أخبار

Jobless Claims,Rachelle Akuffo

Initial jobless claims decreased by 6,000 compared to the previous week, with 233,000 individuals filing for unemployment benefits in the week ending June 22...

compared to the previous week, with 233,000 individuals filing for unemployment benefits in the week ending June 22. This decline suggests a potentially stabilizing labor market.233,000 people filed for first time unemployment benefits last week, trickling down from the week prior for more on what this could mean for the labour market.But as you mentioned there, initial claims softened to 233,000 for the week ending June 22nd.

And of course, we're also getting a more nuance on the big jobs number that's coming out on July 5th. And, of course, investors will be watching to see how the Fed reacts to this as they take this piece of the puzzle in their interest rate picture as well. -- The Bank of Canada’s decision to begin cutting interest rates ahead of the Federal Reserve will ultimately lead to a “big tailwind” for the Canadian economy, Toronto-Dominion Bank economist James Orlando said.

After 7 years of working for Nvidia’s CEO Jensen Huang, the chipmaker's outgoing VP said that her boss taught her about the importance of first principles thinking, zero-billion dollar markets and speed-of-light execution.With so much excitement around artificial intelligence, this year’s stock market story has been all about technology. But not every tech fund has tech in the name.A new report from CIBC shows how some Canadians are managing to buy their first homes.

 

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