Unexpected Rise in U.S. Unemployment & Inflation | Canada Jobs at Consensus

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In this episode, we dive into the most recent task market updates in Canada and the U.S., going over the addition of 41,000 tasks in Canada in February, driven by robust population development, though with a minor uptick in the joblessness rate. The U.S. saw an unexpected rise in the unemployment rate to 3.9% in February, alongside a boost in yearly inflation to 3.2%.

Canada includes 41,000 tasks in February, driven by population growth, regardless of a small rise in joblessness rate.

Bitcoin strikes record highs in the middle of volatility and regulative approvals, while gold rallies in the middle of geopolitical tensions, raising concerns about financial investment techniques.

The Bank of Canada keeps rate of interest amidst issues of overheating the real estate market, balancing financial stability and inflation control.

McDonald's navigates through economic obstacles as lower-income Americans opt for home cooking over dining out due to increasing dining establishment prices.

Dollar Tree announces closure of almost 1,000 shops, marking a shift from its 2015 acquisition of Family Dollar, reflecting ongoing monetary strain and obstacles in integration.

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Unexpected Rise in U.S. Unemployment & Inflation | Canada Jobs at Consensus

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About the Author: Richard Money

16 Comments

  1. Unexpected? The employment rates have been continually “revised” for months. A few economists have actually been calling the unemployment rate increases for a couple months now (Danielle Martino-Booth as an example).

    1. Yes, interesting to see Danielle’s opinion. It seems the US is considerably under reporting unemployment. OR Canada is doing way worse that the headlines are reporting

  2. Where did the new jobs come from? In Q4 they came from SK and mostly AB. ON and QU actually lost jobs.

  3. With roughly a 10:1 US:Canada population ratio I find very alarming that Canada has 1.3M unemployed vs 6.5M in the US. To me this is a sign of how worse the Canadian economy is doing than the US one.

  4. well, my unemployment rate is steady at zero! I have a very small position in a crypto ETF but consider it gambling, not investing.. Blockchain security might be an actual thing…crypto isn’t, regardless of the stock price. It is a collectible, like comic books or whatever. It doesn’t actually make or do or anything.

  5. It’s tough days when dining out at McDonald’s is a’ luxury’… I remember ‘back in the day’ when you could get a MickyD lunch for $2.50.

  6. I like your videos, it saddens me that you bring up a wage gap between genders without fleshing out why the gap may exist. It’s a pretty useless metric..

  7. I’d be very surprised if the boc reduced interest rates before fall. The government seems bent on spending more money,so don’t expect inflation to ease anytime soon when we have a government that clearly can’t see the relationship between its spending and inflation.

  8. Can you please let us understand how these ETFs have high DYs if these companies (on average) do not have high DYs?

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