A Surging Unemployment Rate Signals A "Surefire" Recession in Canada, Says Rosenberg Research-February 2024-www.financetom.com

A Surging Unemployment Rate Signals A "Surefire" Recession in Canada, Says Rosenberg Research

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

A Surging Unemployment Rate Signals A "Surefire" Recession in Canada, Says Rosenberg Research

Dec 9, 2024 5:37 AM

08:11 AM EST, 12/09/2024 (MT Newswires) -- Friday's Canadian unemployment rate at a three-year high of 6.8% is now up +1.7 percentage points over the past two years, noted Rosenberg Research.

Every time this has happened in the past, the Canadian economy was either heading into recession, already in one, or crawling out of one, pointed out Rosenberg.

Previous page： IELTS-owner IDP Education flags lower annual profit on student visa troubles; shares crash Next page： Google agrees $36 million fine for anti-competitive deals with Australia telcos

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

IELTS-owner IDP Education flags lower annual profit on student visa troubles; shares crash

Jun 2, 2025

* IDP shares almost halve in value; mark worst day ever * Stock worst performer on benchmark ASX200 index * Expects 28%-30% fall in student placement volumes for FY25 By Aaditya GovindRao June 3 (Reuters) - Australia's IDP Education ( IDPUF ) forecast a drop in annual profit on Tuesday, triggering a 48% plunge in its shares as tighter student...

Google agrees $36 million fine for anti-competitive deals with Australia telcos

Aug 17, 2025

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Airbus delivered around 51 airplanes in May, sources say

Jun 2, 2025

June 3 (Reuters) - Airbus delivered around 51 airplanes in May, industry sources said. Airbus declined comment ahead of a monthly performance bulletin on June 5. ...

Airbus deliveries fell 4% in May, sources say

Jun 2, 2025

NEW DELHI, June 3 (Reuters) - Airbus delivered around 51 airplanes in May, industry sources said, down 4% from the same month last year. The tally brings deliveries so far this year to around 243 aircraft, down 5% from the first five months of 2024. Airbus declined comment ahead of a monthly performance bulletin on June 5. The world's largest...