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US adds a whopping 216,000 jobs in December
The latest jobs report released by the Bureau of Labor Statistics (BLS) highlighted the resilience of the US economy and capped off a year where 2.7 million new jobs were created. This was one of many surprises in 2023, with the US economy continually showing signs of durability in a year where many market observers anticipated greater economic challenges.
Jan 2024
Article
5min Read
a labour market feeling the weight of high rates
As we begin 2024, all eyes continue to be on the Bank of Canada and its highest-in-a-generation policy interest rate. In 2022 and into 2023 the Bank embarked on an unprecedented rate-tightening cycle—as evaluated by its pace, duration, and magnitude—in an effort to tame high inflation.
Jan 2024
Article
Ryan Wyse
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