U.S. job openings fall to lowest level in 2 years as demand for workers cools
Data suggests the labour market is slowly normalizing from post-pandemic extremes
- By: Christopher Rugaber, The Associated Press
- August 1, 2023 August 1, 2023
- 15:18
Data suggests the labour market is slowly normalizing from post-pandemic extremes
Decline in working population to pressure growth and government finances
Reducing hours and stress could entice older workers to stay employed, survey finds
Home sales, earnings and a jobs report are coming this week
Declining loan growth, rising funding costs temper benefit of higher rates, Moody's says
The 20 eurozone countries saw modest growth in Q2
Core inflation calls revised higher, amid growth, wage pressures
Major reforms unlikely after review finds funds resilient to market stress
Impacts of tighter financial conditions, banking stress evident in Q1
Individual bank scores will be used by banking regulators in determining how much capital they need to hold in reserve
Benchmark interest rate stays at minus 0.1%, taking a nimbler approach to keep financial markets stable
Performance was slightly lower than expected, given reduced mining and oil and gas operations
Revenues rose by $1.3 billion on higher interest and employment insurance premiums, and greater proceeds from personal income tax
Weakening inflation suggests the Fed may be able to achieve a difficult ``soft landing'' for the economy
But the $3.25 billion in total disbursements in the first half of the year compares with $4.72 billion in the first six months last year
A burst of business investment drove last quarter's surprising GDP figure
Here's how certain trends may play out
Only about one-third of Canadians said they would use CBDCs, according to a CFA Institute survey
Policymakers need to balance the effects of rapid immigration, TD says
Active fixed income funds dominated the space in a modest quarter, according to Morningstar
Chief economist says it's "too early to celebrate"
Avison Young said it expects availability and vacancy to continue rising in the short term