Canada’s unemployment rate unexpectedly fell to 6.5% in January, as a sharp decline in job seekers offset a drop in employment, with labor force participation also slipping and the Canadian dollar briefly reacting to the data.
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Canada’s January Unemployment Rate Falls Sharply to 6.5% as Job Seekers Exit Labor Market
Canada’s unemployment rate unexpectedly fell to 6.5% in January, as a sharp decline in job seekers offset a drop in employment, with labor force participation also slipping and the Canadian dollar briefly reacting to the data.
US job growth in July fell sharply below expectations, with economists blaming Trump-era tariffs and immigration policies for worsening labor market conditions and warning of heightened recession risks.
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US Economists Cite Trade Policy Fallout Amid Jobs Shock—“Just the Eye of the Hurricane”
US job growth in July fell sharply below expectations, with economists blaming Trump-era tariffs and immigration policies for worsening labor market conditions and warning of heightened recession risks.
[Global Chart]US Household Survey Shows Steep Drop in Employment—Why the Unemployment Rate Rose Only Modestly
US July employment data showed a sharp drop in household survey employment and a modest rise in unemployment, as labor force participation hit a multi-year low.
[Global Chart]US Jobless Rate Falls in June, but Labor Force Participation Retreats
The US unemployment rate fell to 4.1% in June, but the decline was driven by a shrinking labor force and lower participation, with foreign-born workers dropping for a third straight month amid tighter immigration enforcement.
South Korea’s workforce is projected to begin a sustained decline from 2030, with the Bank of Korea warning total employment could fall to 90% of current levels by 2050, posing risks to GDP and welfare as aging accelerates and labor force participation rates drop.
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Bank of Korea Warns Employment to Decline from 2030—Total Workforce May Fall to 90% of Current Level by 2050
South Korea’s workforce is projected to begin a sustained decline from 2030, with the Bank of Korea warning total employment could fall to 90% of current levels by 2050, posing risks to GDP and welfare as aging accelerates and labor force participation rates drop.
[Global Chart]Household Survey Employment Plunges—Why the US Jobless Rate Held Steady
US May jobs data showed a sharp drop in Household Survey employment, but the jobless rate held at 4.2% as labor force participation also declined.
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