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Canadian economy adds more than expected jobs in May

Economies.com
2020-06-05 12:46PM UTC

At 12:30 GMT, the Canadian economy released its reading for the non-farm employment change index, as the economy has added 289,000 new jobs in May, higher than forecasts of -500,000 jobs, and higher than the previous reading of -1.9938 million (the worst reading of all-time). This data is considered positive for the Canadian economy.

US unemployment rate declines more than expected

Economies.com
2020-06-05 12:34PM UTC

At 12:30 GMT, the US economy revealed the unemployment rate for May at 13.3%, better than forecasts of 19.4%, and better than the previous reading of 14.7% (the worst reading since data was first collected in 1939). This data is positive for the US economy.

US average wages fall in May

Economies.com
2020-06-05 12:37PM UTC

At 13:30 GMT, the US economy released it reading for the average hourly earnings for May, which fell by 1%, worse than forecasts of a rise by 1% and worse the previous reading of 4.7%. 

US economy unexpectedly adds jobs after easing coronavirus-lockdown

Economies.com
2020-06-05 12:42PM UTC

At 12:30 GMT, the US economy released its reading for the Non-Farm employment change for May, which rose by 2.590 million new jobs, better than forecasts of losing 7.750 million jobs, and better than Apirl's reading (the all-time worst) of -20.687 million after it was revised from -20.537. This data is positive for the US economy.