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Canada lost about 6,000 jobs in July, a sign of a slowing economy
The latest StatsCan jobs numbers show Canada had about fewer jobs last month, a sign the economy is slowing down, according to at least one economist.
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Are we at the end of the Great Reshuffling?
The pandemic dramatically altered the dynamic between employees and employers, with workers wielding big demands and shuffling to new jobs in record numbers. But as the commutes return and the economy cools, how has the power shifted?
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Canada lost 17,000 jobs in May fuelled by youth unemployment
Canada lost 17,000 jobs in May, pushing up the unemployment rate for the first time since last August. The change is primarily driven by the loss of jobs among youth aged 15 to 24.
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The Day Ahead: May Jobs Report & National Doughnut Day
The Day Ahead: May Jobs Report & National Doughnut Day
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May Jobs Report Shows Resilient Labor Market Despite Economic Headwinds
May Jobs Report Shows Resilient Labor Market Despite Economic Headwinds
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The Most Important Job Skills Workers Should Know About
The World Economic Forum recently released its future of jobs report and broke down what abilities employers are looking for. Julia Pollack, chief labor economist at ZipRecruiter, joined Cheddar News to discuss what top, in-demand job...
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What to Consider Before Accepting an Employee Buyout
What to Consider Before Accepting an Employee Buyout
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Stocks Near Session Highs but Continued Inflation Concerns Prompt Fears of Recession
Anthony Saccaro, founder and president of Providence Financial, joined Cheddar News to discuss Thursday's trading session as stocks and indexes showed positive gains following some economic data but fears of a recession continue to grow.
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Stocks Dip, Yields Drop on Latest Sign of Slowing Economy
Stocks are dipping on Wall Street Wednesday, and Treasury yields are dropping following the latest signals that the U.S. economy is slowing under the weight of much higher interest rates.
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Stocks Drift, Yields Drop on Latest Sign of Slowing Economy
Stocks are drifting on Wall Street Wednesday, and Treasury yields are falling following the latest signal that the U.S. job market is slowing under the weight of much higher interest rates.
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What to Expect in the Market Ahead of This Week's Economic Data
Stocks closed mixed ahead of the release of more economic data. Matthew Johnson, president of Johnson Wealth & Income Management, joined Cheddar News to also weigh in on last week's jobs data and the status of the country's labor market...
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Can AI and ChatGPT Replace Jobs?
Will AI and ChatGPT replace jobs in the future? Cheddar News takes a closer look at its capabilities and what jobs the technology could potentially replace.
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Fed's Powell Says Job Market Is Tight But Inflation Is Cooling
Art Hogan, chief market strategist at B Riley Wealth, joined Cheddar News to discuss the latest rate increase by the Federal Reserve as Fed Chair Jerome Powell acknowledged that inflation was cooling.
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The Top Jobs to Look For in 2023
Scott Dobroski, career trend expert at Indeed, joined Cheddar News to discuss job trends in 2023 as the U.S. labor market remains robust despite some high-profile layoffs.
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Consumer Price Index Rises 6.5 Percent Year-Over-Year
Jose Torres, senior economist at Interactive Brokers joined Cheddar News to discuss the slowing CPI increase seen in December.
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Bank of Canada strategy to tame inflation is out of date, says economist
Economist Armine Yalnizyan says the kinds of inflationary pressures that exist today make it extremely difficult for the Bank of Canada to tame inflation to about 2 per cent through interest rate hikes.
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'There's certainly a bit of hope,' says economist on interest rate hike
Chief economist at Scotiabank, Jean-Francois Perrault, reacts to the Bank of Canada raising its benchmark interest rate for the seventh time this year to 4.25 per cent, but signalling that rate hikes could end soon.
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Retail Market Sees Job Decline but Overall Employment Is Strong
Jesse Wheeler economic analyst at Morning Consult joined Cheddar News to discuss the recent loss of jobs in the retail sector.
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Canada’s falling jobless rate signals economy still running hot
Canada’s jobless rate fell to 5.1 per cent in November, with the Bank of Canada likely viewing the labour market as still too hot for comfort.
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Bank of Canada raises key lending rate to 4.25%
The Bank of Canada raised its benchmark interest rate by 50 basis points, to 4.25 per cent, but signalled it would pause and consider 'whether the policy interest rate needs to rise further.'
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Tech Layoffs Weighing on Labor Market
Andrew Challenger, senior vice president of Challenger, Gray & Christmas Inc., joined Cheddar News to discuss looming layoffs in the tech industry and what the October jobs numbers tell us about the overall state of the labor market.
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ZipRecruiter's Chief Economist Breaks Down Company Hiring Trends
Julia Pollak, chief economist at ZipRecruiter, joined Cheddar News to discuss how companies are offering more benefits to attract candidates and retain employees as they compete for talent in the current labor market.