Correct mark in the Job Report 2020

Aug 6th, 2022
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How to correct mark in the Job Report 2020

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all right well the US added 303,000 jobs in the month of March well that was well above the Streets expectations now City saying in a recent note that they expected the job market to weaken with just 150,000 jobs added in March leading to 125 basis points of cuts this year almost double what the market is currently pricing in so where do things stand following this higher than expected uh jobs print that we got out this morning we want to bring in one of the economists behind that call you have Andrew Hollen horse hes a city a chief us Economist Andrew its great to see you here so first just your reaction to the print that we got out this morning and whether or not that changes your base case for the fed and the degree of the cuts that you are expecting this year yeah this was a much stronger than expected jobs report like you said stronger than our forecast stronger than consensus forecast I dont know that it changes that much for the FED at the end of the day um or that we should

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Unemployment Rate in Canada averaged 7.55 percent from 1966 until 2024, docHubing an all time high of 13.70 percent in May of 2020 and a record low of 2.90 percent in June of 1966. This page provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The labor market is in a sweet spot Thats the largest monthly gain since January 2023. Job growth in the first three months of 2024 274,000, on average beats the 2019 pre-pandemic average by more than 100,000.
The robot revolution will create 97 million new jobs. As the economy and job markets evolve, new roles will emerge across the care economy in technology fields (such as artificial intelligenceAI) and in content creation careers (such as social media management and content writing).
The monthly jobs report from the U.S. Department of Labor provides a useful snapshot of how many jobs the economy created the previous month, how many people were unemployed, and what kind of wage hikes workers received.
How many jobs will be lost to ai by 2025? The World Economic Forum has estimated that artificial intelligence will replace some 85 million jobs by 2025.
Total employment is projected to grow by almost 4.7 million from 2022 to 2032. This growth is driven primarily by growth in the health care and social assistance sector. The Occupational Outlook Handbook (OOH) now features the 2022-32 projections.
Despite booming employment gains, white-collar job growth slows. The U.S. economy added a booming 303,000 jobs in March, a recent report shows, filling out the portrait of a stunningly resilient labor market that keeps shrugging off high interest rates and inflation.
Experts anticipate slight increases in unemployment and layoffs in 2024. Flowers put the unemployment rate at 4.2 percent by the end of the year, up from its current 3.7 percent. The labor market will bend but not break, he said.

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