Glacier FarmMedia COVID-19 & the Farm

Global markets: US jobless claims rise

WINNIPEG, April 27 – The following is a glance at the news moving markets globally.

– US jobless claims in the week ending April 22 were above analyst-expectations, according to reports out of the country, but still indicate a healthy labour force.

Claims were up by 14,000 last week, to a seasonally adjusted 257,000, the country’s labour department said.

Jobless claims have been below 300,000 for 112 consecutive weeks.

– Average weekly earnings of non-farm payroll employees in Canada were C$968 in February, little changed from January and up 1.5 per cent from 12 months earlier, Statistics Canada said in a report on Thursday.

In general, changes in weekly earnings reflect a number of factors, including wage growth; changes in the composition of employment by industry, occupation and level of job experience; and average hours worked per week.

COPA Medallion COPA finalist in 2012, 2014 and 2015.
©2021 AGCanada is a production of Glacier FarmMedia Limited Partnership. Any affiliated or third party content is the property of its respective owner and is used with permission.
Please refer to Copyright Page for details.
Click here to view our Website Terms of Use.