The labor market is a key indicator of economic health, and job openings play a crucial role in determining the…
US Consumer Spending Inches Up in May; Inflation Remains High
In a delicate balancing act between rising inflation and consumer confidence, the US economy witnessed a modest increase in consumer…
Canada May Wholesale Trade Soars by 3.5% – Statscan Flash Estimate Reveals
The latest flash estimate from Statistics Canada (Statscan) has revealed impressive growth in Canada’s wholesale trade sector for the month…
Understanding May’s Unexpected Decline in US Producer Prices Due to Energy Costs
The US economy is a complex web of interdependent sectors, and one crucial aspect of economic health is the measurement…
Global Supply Chain Pressures Subside in May, Reports New York Fed
In a recent report, the New York Fed shed light on the state of the global supply chain, revealing that…
US Employers Boost Hiring in May; Unemployment Rate Surges to 3.7%
The employment landscape in the United States witnessed a significant boost in May as employers ramped up their hiring efforts.…
Payrolls Surpass Expectations, Adding 339,000 Jobs in May, Reflecting Resilient Labor Market
The American labor market continues to exhibit its resilience as it experienced a significant surge in employment during the month…