Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): T.AX.UN | ARESF | T.AX.PR.I

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

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Artis Real Estate Investment Pref Shs Series E > Us jobs number

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Post by Torontojay on Jun 07, 2024 9:36am

Us jobs number

Something doesn't add up here: All of the headlines say that the US economy added 272,000 jobs in May. However, when you dig deeper into the data you can see that full-time employment actually FELL by -625,000. Meanwhile, part-time employment rose by 286,000 along with the unemployment rate to 4.0%. This is the biggest drop in full-time employment since December 2023. It's also the first month with 4.0%+ unemployment since February 2022. How is this a "strong" labor market?

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