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Number of workers collecting jobless benefits jumped 6% in July

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Labour market continues to show strength in the face of elevated interest rates

Downward slide

Signs of labour market slack emerge in the second quarter, StatsCan says

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Overall economic trends point to a slowdown

Now hiring sign

The U.S. Labor Department also finds that wage gains are easing, a trend that may signal cooling inflation pressures


In re-election speeches, U.S. president says his agenda has triggered a resurgence in factory work

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Wage growth rebounded in July, rising 5% year over year

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The four-week moving average of claims, a less-volatile measure, fell by 5,500 applications to 228,250

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But Desjardins analysis also warns of housing tradeoffs

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Setting expectations early, assigning specific projects and building in time for fun will lead to a successful experience