US payroll growth in Jan beats expectations
US nonfarm payroll increased 353,000 and Unemployment rate as 3.7% in January
Canada unemployment rate rises back to 6.7% in February amid 83,900 job losses
Canada Labor Market——February 2026
Unemployment Rate: 6.7%;
Total Jobs MoM Change: -83,900;
Full-Time Jobs MoM Change: -108,400;
Part-Time Jobs MoM Change : 24,500
US gains 339,000 jobs while unemployment rate rises to 3.7%
Employers in the US added 339,000 jobs in May, but at the same time 440,000 more people reported they were unemployed
The Fed’s ‘leaky ceiling’ problem
Why is the Fed's SRF failing? Top Fed officials called the issue a "leaky ceiling" that doomed Quantitative Tightening (QT). Learn how low bank participation and the leaky floor analogy suggest new policy changes.
US PCE inflation slows further in March with looming recession concern
US PCE price index decelerated further in March with the year over year rate dropped to merely 4.2%, down from 5.1% in February.
US PCE inflation holds at 2.7% in April as market expected
US PCE inflation held at 2.7% YoY in April 2024 while core inflation maintained its pace at 2.8% for the third months,
US Retail sales up just 0.1%, still beats expectations
Retail sales in the US increased just 0.05% on a monthly basis in August, down from the outsized 1.15% growth in July but still beats market expectation of -0.2%
Japan’s Inflation Rate is still Far From BOJ’s 2 Percent Target
Japan's core inflation rate was on 0.7 percent in February, remaining distant from the Bank of Japan's 2 percent target.
Fed-preferred PCE price index accelerated in January
Core PCE inflation rose 4.7% in January YoY, beating expectation of 4.4% increase. The Fed-preferred price index rose 0.6% MoM compared to the market expectation of 0.5%.
Canada unemployment rate rises to 5.8% as labor force continues to grow
Statistic Canada on Friday reported that Canada's unemployment rate rose to 5.8%,, reaching the highest since the start of 2022.
