Hispanic Unemployment Drops to Historic Low

08 July, 2018, 07:40 | Author: Regina Silva

Canada's tight jobs market is beginning to bring more workers into the labour force, a trend that if sustained may moderate a recent pick up in wage pressures.

The dollar fell to a three-week low against a basket of currencies on the employment report.

FBN's Edward Lawrence breaks down the June jobs report.

The Trump administration has also applied tariffs on steel and aluminum from allies like Canada and Mexico and has threatened to abandon the North American Free Trade Agreement.

Manufacturers hired 36,000 workers in June, the most in six months, adding to the 19,000 jobs created in May.

"Contacts expressed concern about the possible adverse effects of tariffs and other proposed trade restrictions", the Fed said in minutes published Thursday.

The unemployment rate inched up to 4%, the first increase in nearly a year.

Dele, Maguire head England into first semi-final in 28 years
It was a sign of what was to come - direct balls, long throws, pressing - but those basic tactics didn't trouble England . He said: "I am in a bubble - I have to admit it has been a remarkable rise".


England fans react to goals in Sweden win
The finer details of the game concerned are well documented by now, but Ibrahimovic looks to be holding up his side. He is likely to retain his starting place for the semifinals.


Record-breaking heat wave kills 33 people in Quebec
None of the victims had air conditioning, and Kaiser said majority died inside of their homes. Health authorities reported that the number of heat casualties increased to 50 people.


The report showed that Canada's trade surplus with the USA narrowed to $3.3 billion in May, from $3.7 billion April, as more imports headed north across the border and south-bound exports decreased. But with a record 6.7 million unfilled jobs in April, economists are confident that wage growth will accelerate later this year. Some economists project economic output rose at better than 4% annual pace in the second quarter for the first time since 2014.

Economists have warned the tit-for-tat tariffs could disrupt the supply chain, undermine business investment and raise prices for consumers, and wipe out the stimulus from a $1.5 trillion tax cut package that came into effect in January.

Payroll growth in May was revised up to 244,000 from 223,000 in yesterday's report.

They expect the manufacturing sector to bear the brunt of the trade fights, through a slowdown in hiring and capital expenditure.

Full-time employment was up by 9,100 By sector, employment in goods producing industries was up by 46,600, the highest since April 2012, led by construction and manufacturing Service producing industries lost 14,700 jobs during the month Self-employment was up by 22,000, with employment in the public sector rising by 11,800. But the average was skewed downward in June because the job seekers were mainly those with only a high school education or less, who are generally paid lower wages, Barrera noted. But for now the sector, which accounts for about 12 per cent of the US economy, appears in good health.

Overall, unemployment inched up to 4 percent last month, largely due to the expanding pool of people actively seeking jobs. But retailers shed 21,600 jobs, with the losses concentrated at general merchandise stores.

This includes over 5,000 new positions in computer and electronic products, 7,000 jobs in fabricated metals, and over 12,000 jobs in motor vehicles and parts.

Recommended:

  • Boston commuters haul a train off woman's leg

    Boston commuters haul a train off woman's leg

    Police confirmed that while no bones had been broken, the deep laceration was so severe the unidentified woman would need surgery. But when Emergency Medical Technicians arrived, the woman gave in and agreed to ride in their ambulance to get medical treatment.
    Steph Curry And His Wife Ayesha Welcome Third Child, A Son

    Steph Curry And His Wife Ayesha Welcome Third Child, A Son

    Canon is the latest addition to the NBA's cutest family and he couldn't have arrived at a more opportune date. Jack Curry 7/2/2018", she wrote along with a photo of their other children holding the baby.
    Grayson Allen Is Scuffling With Players Already

    Grayson Allen Is Scuffling With Players Already

    Grayson Allen certainly brought his reputation with him from the college game to the National Basketball Association . Grayson then retaliated with a "Zidanesque" headbutt to the chest, bringing tension and emotion to the scene.
  • Brazil elimination 'saddest moment of my career', says Neymar

    Brazil elimination 'saddest moment of my career', says Neymar

    A stingy Brazil team has only conceded once in the tournament and Lukaku said it is hard to find weaknesses. "It is special. We can't let them down back home now". "Weakness in Brazil? Not really", he said .
    Defending champ Garbine Muguruza bundled out at Wimbledon

    Defending champ Garbine Muguruza bundled out at Wimbledon

    There's nothing I can do.to say something now makes no sense. "I was just not feeling as comfortable as yesterday with hitting". Nick Kyrgios, seeded 15, unleashed 42 winners to see off Robin Haase of the Netherlands 6-3, 6-4, 7-5.
    US sanctions 3 Nicaraguan officials for rights abuse, corruption

    US sanctions 3 Nicaraguan officials for rights abuse, corruption

    The Treasury announced on Thursday that, "all properties and interests in the property of those designated by OFAC [Office of Foreign Assets Control] within US jurisdiction are blocked".
  • News President Trump Mocks #MeToo Movement During Rally

    Teigen tweeted , "how does this dips**t think 23 and me works? where does he think you swab?" "To the fake Pocahontas I won't". Women vote, organize marches, knock on doors, make phone calls, run for office - and win", she added.
    Ex-Fox executive Bill Shine, alleged sexual abuse enabler, joins White House

    Ex-Fox executive Bill Shine, alleged sexual abuse enabler, joins White House

    The appointment was announced on Thursday afternoon, shortly before Shine joined Trump on a trip to Montana. Thursday's White House statement about the appointment highlighted Shine's past experience with Fox News.
    More Violence in French City over Police Shooting

    More Violence in French City over Police Shooting

    The riots continued overnight Wednesday into Thursday, and eleven people have been detained. Local residents have been deeply upset by the scale of the destruction caused by the riots.
  • Celtics Rumors: Boston Hasn't Contacted Marcus Smart, PG 'Hurt and Disgusted'

    Celtics Rumors: Boston Hasn't Contacted Marcus Smart, PG 'Hurt and Disgusted'

    But the qualifying offer is the only one he has received, and there's been no talk since free agency opened. This is certainly a lot of anger coming from the Smart camp, but this is sometimes how free agency goes.
    UFC 226 odds roundup: Cormier an underdog facing Miocic in Las Vegas

    UFC 226 odds roundup: Cormier an underdog facing Miocic in Las Vegas

    Someone asked me earlier 'What's your approach to fighting Stipe?' and it's going to be the exact same thing. The UFC has branded their UFC 226 clash "The Superfight" - and Cormier says that label is fully justified.
    Mar-A-Lago Files Request To Hire 40 Foreign Temporary Workers

    Mar-A-Lago Files Request To Hire 40 Foreign Temporary Workers

    Since 2010 Mar-a-Lago alone has obtained a total of 500 H-2B visas for seasonal foreign workers, according to The New Yorker . On the application, club managers attest they can't find enough Americans qualified, willing and available to do the work.


Popular

Croatia end Russia's World Cup dream on penalties
There is a comprehensive argument that Luca Modric has been the best player at the World Cup. Mario Fernandes ( Russia ) header from the centre of the box to the bottom left corner.

Mourinho predicts one of the teams to reach final
Another standout performer for England was Leicester defender Maguire, who headed his side into the lead with his first global goal.

USA service member killed in apparent insider attack in Afghanistan
Officials said the incident is being investigated, and no further details were immediately available. In that incident, a Romanian NATO soldier was injured.

Lakers Make Questionable Moves After Landing LeBron
The Lakers are steaming toward a new future, with little tying them to the lamentable recent past. Even more surprising: James was into it.

Dershowitz: Woman on Martha's Vineyard Threatened to 'Stab Me Through the Heart'
One of them, an academic at a distinguished university, has told people that he would not attend any dinner or party to which I was invited....

Merkel warns Trump against unleashing trade war
Italy's anti-migrant interior minister wants tighter criteria for granting humanitarian protection to migrants rescued at sea. Mr Orban said it was essential to remove pull factors that he said were encouraging people in Africa and Asia to migrate.

Ted Cruz wants to pick Donald Trump’s second Supreme Court nominee
Senate Majority Leader Mitch McConnell , meanwhile, said he intends to hold hearings and vote on the president's pick this fall. Kethledge previously served as a law clerk for Kennedy, counsel for the Ford Motor Company and judiciary counsel to U.S.

Klamathon Fire doubles in size, crosses OR border
The Alpine fire was 5 percent contained , Cal Fire Chief Richard Cordova said in a video update Friday evening. The Spring Creek Fire became the third-largest in state history at 165 square miles (427 square kilometers).

Hatters boss backs Three Lions to win the World Cup
But his reign lasted a mere 67 days, Allardyce standing down after a single match in charge following a newspaper sting. Michael Owen, who scored twice at the 1998 World Cup at the age of 18, remains the youngest ever.

Man who challenged black family’s use of pool loses job
In the video, Edwards can be heard repeatedly asking Bloom to apologize, but he ignored the request. In the video, Bloom, Abhulimen and the responding officers all speak in measured tones.