In March, job growth exceeded expectations with nonfarm payrolls increasing by 228,000, higher than the revised February numbers and Dow Jones estimates. However, the unemployment rate rose to 4.2%, surpassing the forecast, amid an increase in the labor force participation rate. The report provides temporary reassurance about the stability of the labor market, despite concerns over a potential global trade war following President Trump’s tariff announcement.
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More hot weather forecast as Canada battles fires and smoke billows south
Wildfires are ravaging Saskatchewan and Manitoba, prompting states of emergency and evacuations for thousands, including all 5,000 residents of Flin Flon. With hot, dry weather expected to continue, air quality alerts are issued across Canada and parts of the U.S. Midwest, with smoke impacting areas as far away as Chicago. Despite a cold front bringing some rain to Saskatchewan, strong winds threaten to exacerbate the wildfire situation, marking one of the worst seasons in recent...
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