TSX:AX.PR.E - Post by User
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Torontojayon Sep 06, 2024 8:50am
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Unemployment rate
Unemployment rate Employers added 142,000 jobs in August, continuing a labor market cooling trend that has stoked fears that interest rates have been high for too long.
The unemployment rate ticked down to 4.2 percent.
The August jobs report released Friday by the Bureau of Labor Statistics was among the most closely watched snapshots of the labor market since the coronavirus pandemic. Economists had predicted 161,000 job gains, a boost from July’s 114,000.
https://www.washingtonpost.com/business/2024/09/06/august-jobs-unemployment-labor-market/