Posted 3/8/2024, 1:54:31 PM
Strong Job Growth in US and Canada in February; Unemployment Rises Slightly
- Canada's labor market added 41,000 jobs in February while unemployment rate edged up to 5.8%
- US added a strong 275,000 jobs in February, exceeding expectations, but unemployment rate also ticked up
- Canadians paying billions in excess bank fees compared to UK, Australia
- Strong US job growth signals continued economic strength despite high interest rates
- France enshrined constitutional right to abortion on International Women's Day