Unexpected Rise in U.S. Unemployment & Inflation | Canada Jobs at Consensus
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In this episode, we dive into the latest job market updates in Canada and the U.S., discussing the addition of 41,000 jobs in Canada in February, driven by robust population growth, though with a slight uptick in the unemployment rate. The U.S. saw an unexpected rise in the unemployment rate to 3.9% in February, alongside an increase in annual inflation to 3.2%.
📈 Canada adds 41,000 jobs in February, driven by population growth, despite a slight rise in unemployment rate.
🪙 Bitcoin hits record highs amidst volatility and regulatory approvals, while gold rallies amid geopolitical tensions, raising questions about investment strategies.
🏠 The Bank of Canada maintains interest rates amid concerns of overheating the housing market, balancing economic stability and inflation control.
🍔 McDonald's navigates through economic challenges as lower-income Americans opt for home cooking over dining out due to rising restaurant prices.
🛒 Dollar Tree announces closure of nearly 1,000 stores, marking a shift from its 2015 acquisition of Family Dollar, reflecting ongoing financial strain and challenges in integration.
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