The key labour market metrics remained at record levels in third quarter
Many economists don’t expect the Fed to cut rates again until the second half of 2025, if at all
Increased volumes of work, turnover cited as reasons for hiring
Payroll employment, job vacancies both decline as labour demand ebbs
Job vacancies continue decline, total labour demand slips, in third quarter
"Underlying growth momentum has been robust," TD senior economist writes
OECD unemployment rate has stayed low since early 2022
Despite intensified uncertainty, risk landscape is largely stable
Tariff threats cloud an otherwise positive North American outlook
Resilient U.S. consumers, tariff threats, immigration shifts potentially inflationary