Every Zipp story tagged #Unemployment, newest first.
Two months of job losses have erased 110,000 positions, while unemployment has climbed to 6.5%, putting fresh pressure on Canada's economy.
The jobless-rate increase reflects more people seeking work, not a surge in layoffs, while rising yields and wider credit spreads complicate the market outlook.
The gain fell 61,000 short of the 90,000 forecast, sharpening investors' focus on growth risks and interest-rate expectations.
Weaker-than-expected labor figures sharpen concerns about economic growth and put the interest-rate outlook in focus for risk-asset investors.
Downward revisions to July and August deepen the evidence of a cooling labor market, putting U.S. growth and interest-rate expectations in focus.
The weaker labor market gives the Fed more reason to hold rates, even as elevated inflation complicates its next decision.
The gap between the 4.1% headline rate and broader worker hardship makes underemployment and wage quality central to recession-risk analysis.
WatcherGuru
Benjamin Cowen
CoinTelegraph
WuBlockchain
CoinDesk