Victoria unemployment rate inched up last month, but still well below national rate
timescolonist.com/business/victoria-unemployment-rate-inched-up-last-month-but-still-well-below-national-rate-8284281
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The Trans Mountain expansion is cause for celebration: Canada got a big project done
theglobeandmail.com/opinion/article-the-trans-mountain-expansion-is-cause-for-celebration-canada-got-a-big/
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Canada’s Retail Sales Flatlined in the First Quarter: Canadian consumers haven’t tightened their belts this much in nearly a year, and there are no signs of ...
bloomberg.com/news/articles/2024-04-24/canada-s-retail-sales-flatlined-in-the-first-quarter
Paid articlePaid Winning over the next wave of EV buyers brings fresh challenges: The next group of buyers, known as the early majority, will be more cost conscious and have more ...
theglobeandmail.com/drive/culture/article-winning-over-the-next-wave-of-ev-buyers-brings-fresh-challenges/
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Monthly earnings rise, payroll employment falls: jobs report: The number of vacant jobs in Canada increased in February, while monthly payroll employment ...
ctvnews.ca/business/monthly-earnings-rise-payroll-employment-falls-jobs-report-1.6861362
The Chilling True Story Behind Hulu Crime Drama Under the Bridge: Hulu's new true-crime miniseries dramatizes the before and after of 14-year-old Reena Virk's ...
time.com/6968076/under-the-bridge-hulu-true-story/
Quick Glance: The Harrowing True Tale of Hulu's Under the Bridge
- Hulu's new true-crime miniseries Under the Bridge is based on the brutal murder of Reena Virk in 1997.
- The show depicts events leading up to Reena's death and the subsequent investigation from the perspectives of author Rebecca Godfrey and police officer Cam Bentland.
- Reena was viciously attacked and killed by a group of teenagers, sparking media frenzy and societal concern over bullying and teen violence.
- The individuals involved received varying court sentences, with one of the perpetrators later seeking forgiveness and reintegrating into society.
Layoffs could spike as recession is already here, forecaster says: Headline job growth has been strong recently, but commentators have pointed to mixed signals ...
businessinsider.com/recession-outlook-layoffs-job-market-economy-unemployment-rate-hard-landing-2024-4
Five people injured after 'blood-covered' horses run loose in London: Runaway Household Calvary horses were on the loose in central London, an d were seen on ...
metro.co.uk/2024/04/24/horses-loose-london-covered-blood-rider-thrown-off-20707043/
Five people injured after 'blood-covered' horses run loose in London: Runaway Household Calvary horses were on the loose in central London, an d were seen on ...
metro.co.uk/2024/04/24/horses-loose-london-covered-blood-rider-thrown-off-20707043/
A celebrity seal was moved 125 miles away. He showed up again days later.: Canadian wildlife officials relocated Emerson the elephant seal this month after his ...
washingtonpost.com/world/2024/04/19/emerson-elephant-seal-victoria-canada/
Why the rise in shoplifting? Blame our addiction to online shopping: Shoplifting has surged to an alarming level across Canada, industry insiders say
theglobeandmail.com/business/commentary/article-why-the-rise-in-shoplifting-blame-our-addiction-to-online-shopping/
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German unemployment seen rising to highest level in almost a decade: Germany's economic weakness is finally taking a toll on the labour market ...
reuters.com/markets/europe/german-unemployment-seen-rising-highest-level-almost-decade-2024-04-26/
Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years: As the economy cools, pressure is building on the Bank of England to cut interest rates.
nytimes.com/2024/04/17/business/uk-inflation-economy-interest-rates.html
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Why so many Chinese graduates cannot find work: Our number-crunching suggests that their plight could be much worse than previously thought
economist.com/china/2024/04/18/why-so-many-chinese-graduates-cannot-find-work
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8.7M Canadians reported food insecurity in 2022 as median incomes fell - National | Globalnews.ca
trib.al/Yf4YoIO
Princess Anne to visit Maritime Museum of B.C. during Victoria stop: The princess and her husband, Sir Tim Laurence, are expected to meet with the museum’s board ...
timescolonist.com/local-news/princess-anne-to-visit-maritime-museum-of-bc-during-victoria-stop-8649411
‘Under the Bridge’ Review: Lily Gladstone Stars in 2024’s Most Haunting Show: Hulu's distressing limited series holds its weight thanks to stars Lily Gladstone ...
thedailybeast.com/obsessed/under-the-bridge-review-lily-gladstone-stars-in-2024s-most-haunting-show
Billions of bottles: Canadian statistics paint grim picture of plastic litter problem
ctvnews.ca/climate-and-environment/billions-of-bottles-canadian-statistics-paint-grim-picture-of-plastic-litter-problem-1.6862167
Grocery inflation slows in March, but price growth at restaurants remains strong: Inflation on groceries continued to slow in March, rising just 1 ...
ctvnews.ca/canada/grocery-inflation-slows-in-march-but-price-growth-at-restaurants-remains-strong-1.6848978
Canada budget woos young voters, asks rich to pay more | kuwaittimes: Canada budget woos young voters, asks rich to pay more - Business - OTTAWA: The government ...
kuwaittimes.com/article/13228/business/canada-budget-woos-young-voters-asks-rich-to-pay-more/
Reserve Bank set to update interest rate outlook as oil prices spike: Business & Investing: The price of a barrel of oil surged above US$90 a barrel for the ...
newsroom.co.nz/2024/04/08/reserve-bank-set-to-update-interest-rate-outlook-as-oil-prices-spike/
Fed's preferred inflation gauge shows price pressures stayed elevated last month: A measure of inflation closely tracked by the Federal Reserve remained ...
abcnews.go.com/US/wireStory/feds-preferred-inflation-gauge-shows-price-pressures-stayed-109688437
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Concern for Bank of England as real earnings growth at highest rate since 2021: While the wage figures are good news for households on the face of it ...
news.sky.com/story/real-earnings-growth-at-its-highest-rate-in-nearly-two-and-a-half-years-13116319
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
- An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.
- Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.
- The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.
- The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
Elephant seal makes ‘epic’ trek back after Canadian officials relocate him: Notorious for drawing large crowds, Emerson was removed by officials who were ...
theguardian.com/environment/2024/apr/17/canada-elephant-seal-relocation-attempt-failed
Real estate wealth has devalued the status of being a millionaire in Canada: The devaluing of the term ‘millionaire.’ Lots of people have $1M in net worth thanks ...
theglobeandmail.com/investing/personal-finance/article-real-estate-wealth-has-devalued-the-status-of-being-a-millionaire-in/
Paid articlePaid Canada’s income gap is growing. Will Budget 2024 help affordability? - National | Globalnews.ca
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The budget needs bold change to fix Canada’s falling productivity: Canadians should ask ourselves one simple question: What are we doing to address the ...
theglobeandmail.com/business/commentary/article-the-budget-needs-bold-change-to-fix-canadas-falling-productivity/
Paid articlePaid At the heart of Canada’s productivity crisis: We underinvest in employees: Canada’s low productivity has reached emergency levels. Investment in employees ...
theglobeandmail.com/business/commentary/article-at-the-heart-of-canadas-productivity-crisis-we-underinvest-in/
Paid articlePaid Victoria has a problem it can’t solve: homelessness: B.C.’s capital city has been unable to adequately help its growing unhoused population for years
theglobeandmail.com/opinion/article-victoria-has-a-problem-it-cant-solve-homelessness/
Paid articlePaid Ontario PC government says it supports bill declaring intimate partner violence an epidemic
theglobeandmail.com/canada/article-ontario-pc-government-says-it-supports-bill-declaring-intimate-partner/
Paid articlePaid Relocated celebrity seal has possibly returned to the Gorge: An incredible feat if Emerson has returned so soon, officials says
timescolonist.com/local-news/relocated-celebrity-seal-has-possibly-returned-to-the-gorge-8597616
Statistics Canada set to release its March inflation report - National | Globalnews.ca
trib.al/3f8Eqhn
Canadians’ wages took major hit in 2022 amid high inflation rates: StatCan - National | Globalnews.ca
trib.al/dEXFnkk
How are you tackling rising food prices? We want to hear from you: Amid rising food prices, Canadians continue to brace for inflation as spending and consumption ...
ctvnews.ca/canada/how-are-you-tackling-rising-food-prices-we-want-to-hear-from-you-1.6847586
Bringing workers back downtown won’t make Toronto great again. But making it fun might
theglobeandmail.com/opinion/article-bringing-workers-back-downtown-wont-make-toronto-great-again-but/
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US economic growth falls short of expectations with 1.6 percent annualized gain: U.S. economic growth dipped below 2 percent during the first quarter for the ...
thehill.com/business/4620410-us-economic-growth-falls-short-of-expectations-with-1-6-percent-annualized-gain/
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
10 years of Modi: 3 out of 5 girls not in high school, only 37% women in labour force
newslaundry.com/2024/04/22/10-years-of-modi-3-out-of-5-girls-not-in-high-school-only-37-women-in-labour-force
'Under the Bridge' Just Went There With Riley Keough and Lily Gladstone
collider.com/under-the-bridge-episode-3-kiss/
White-Collar Hiring Stalls Out in Miami, Austin Job Markets: Hiring in professional services, finance and technology is running at one-third the rate of the ...
bloomberg.com/news/articles/2024-04-25/white-collar-hiring-stalls-out-in-miami-austin-job-markets
Explainer: Charting the Fed's economic data flow: The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5 ...
reuters.com/markets/us/charting-feds-economic-data-flow-2024-04-05/
Unemployment biggest worry in India, world's fastest growing economy: Reuters poll
reuters.com/world/india/unemployment-biggest-worry-india-worlds-fastest-growing-economy-2024-04-24/
Relative measures can be absolutely wrong: Comparing one data point with another can be misleading, nonsensical or even dangerous.
ft.com/content/7f0d8140-ee06-4a51-a35a-bc1cab5ec4cf
How tight labor markets fuel a productivity surge: Scarce workers give companies extra incentive toward efficiency.
axios.com/2024/04/24/labor-market-worker-productivity-fed-economy
Kenyan refugee set to run TC 10K in his new hometown: Joshua Koromei, who arrived in a snowy Montreal last year, will be one of about 9,000 runners lacing up for ...
timescolonist.com/sports/kenyan-refugee-set-to-run-tc-10k-in-his-new-hometown-8655357
Victoria council sends rental project back to negotiating table: Below-market units promised in 2022 have been removed from plans for the 20-unit rental building ...
timescolonist.com/local-news/victoria-council-sends-rental-project-back-to-negotiating-table-8655921
Why unemployment in Spain is rising and what's being done to cap it?: The abundance of temporary contracts, as well as low productivity have both ...
euronews.com/business/2024/04/26/why-is-spains-unemployment-rate-rising-and-whats-being-done-to-cap-it
US weekly jobless claims unexpectedly fall: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week ...
reuters.com/markets/us/us-weekly-jobless-claims-unexpectedly-fall-2024-04-25/
What might a serious growth agenda look like? More labour, more capital, and more incentive to use both wisely
theglobeandmail.com/opinion/article-what-might-a-serious-growth-agenda-look-like-more-labour-more-capital/
Paid articlePaid Man rescued by helicopter after 200-foot fall into Trent River: He was transported to hospital in Victoria with critical injuries after the helicopter was ...
timescolonist.com/local-news/man-rescued-by-helicopter-after-200-foot-fall-into-trent-river-8649651
Canada Retail Sales Slip 0.1% in February, Seen Flat in March: The data support expectations that the country’s central bank will move to cut interest rates as ...
wsj.com/economy/central-banking/canada-retail-sales-slip-0-1-in-february-seen-flat-in-march-2f957fa6
North America Construction Outlook: Politics And Policy Rates Test The Sector's Resilience
think.ing.com/articles/north-america-construction-outlook-resilience-tested-by-politics-policy-rates/
Paid articlePaid Why Indian Voters See Job Creation as the Election’s Biggest Issue: India's economy is strong—but voters are worried about unemployment under a potential third ...
time.com/6970064/india-election-modi-unemployment-jobs/
Nebraska unemployment rate increases in March compared with a year ago: The state unemployment rate was 2.5% last month for the seventh consecutive month and ...
omaha.com/news/state-regional/business/nebraska-unemployment-rate-increases-in-march-compared-with-a-year-ago/article_37810586-d620-5a25-bdc3-1ae68471015e.html
Finland's unemployment rate hits 9% in March: A quarter of a million people were out of work in Finland last month, with youth unemployment climbing to 26 ...
yle.fi/a/74-20085366
Princess Anne will spend time in both Victoria and Vancouver: The Royal Canadian Navy is hosting her stay in Canada from May 3-5, during which she will be ...
timescolonist.com/local-news/princess-anne-will-spend-time-in-both-victoria-and-vancouver-8643740
Unemployment emerges as top concern in India despite economic growth: Reuters poll
wionews.com/business-economy/unemployment-emerges-as-top-concern-in-india-despite-economic-growth-reuters-poll-714411
Beyond the spin, beyond the handouts, here's how to get a handle on what's really happening on budget night
abc.net.au/news/2024-04-24/budget-beyond-the-spin-what-to-expect/103758950
SC Republicans want to limit unemployment benefits. The Senate has questions: South Carolina is already among the nation's hardest states to earn unemployment ...
postandcourier.com/politics/unemployment-benefits-limited-statehouse-bill-weekly/article_082e51b4-0186-11ef-8111-8bbc23069dff.html
Goldman Sachs BDC: High Interest Rates Causing Increased Non-Accruals: Goldman Sachs BDC (GSBD) underperforms peers in total return, with worsened credit quality ...
seekingalpha.com/article/4685298-goldman-sachs-bdc-high-interest-rates-causing-increased-non-accruals
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Drawing women into the workforce: COMPANIES should look at offering flexible working hours to attract more women to join the “tight labour market” in the country ...
thestar.com.my/metro/metro-news/2024/04/23/drawing-women-into-the-workforce
Princess Anne to visit Victoria in early May: The Princess Royal — the younger sister of King Charles — is set to visit the Victoria Therapeutic Riding ...
timescolonist.com/local-news/princess-anne-to-visit-victoria-in-early-may-8638162
Perceived job security in Canada falls to lowest since COVID-19 - BNN Bloomberg: Net job security plunged to 44.9 per cent, its lowest level since May 2020 ...
bnnbloomberg.ca/perceived-job-security-in-canada-falls-to-lowest-since-covid-19-1.2062143
Taiwan's unemployment rate falls slightly to 3.38% in March - Focus Taiwan: Taiwan's jobless rate dropped slightly to 3.38 percent in March, the lowest level for ...
focustaiwan.tw/business/202404220021
Why Joe Biden Really, Really Wants Lower Interest Rates: If Jerome Powell would lower interest rates — and therefore make housing and much of everything else ...
nymag.com/intelligencer/article/why-joe-biden-really-really-wants-lower-interest-rates.html
10 years of Modi: 3 out of 5 girls not in high school, only 37% women in labour force
newslaundry.com/2024/04/22/10-years-of-modi-3-out-of-5-girls-not-in-high-school-only-37-women-in-labour-force
Universal Credit change call as experts say some £2,800 worse off: The element of Universal Credit covering ill health is set at a lower rate than the ...
walesonline.co.uk/news/cost-of-living/universal-credit-urgent-dwp-change-28996820
Q2 Update: 2024 Market Outlook on Stocks and the Economy: Our expectations for the US equity market, plus top stock picks for the quarter.
morningstar.com/markets/q2-update-2024-outlook-stock-market-economy
Australia’s unemployment rate rises to 3.8% in March as employers shed more than 6,000 jobs
theguardian.com/australia-news/2024/apr/18/australias-unemployment-rate-rises-to-38-in-march-as-employers-shed-more-than-6000-jobs
Latest UK inflation fall matches Bank of England expectations, Bailey says: British inflation is broadly declining in line with the Bank of England's forecasts ...
reuters.com/world/uk/boes-bailey-says-latest-inflation-fall-line-with-forecasts-2024-04-17/
All eyes on inflation as unemployment edges up: The jobs market remains tight despite continued cost-of-living pressures and lacklustre consumer spending - which ...
theage.com.au/politics/federal/all-eyes-on-inflation-as-unemployment-edges-up-20240418-p5fkpw.html
Took ferry from Canada to Seattle with my car for $150, not worth it: I live in Victoria, BC, in Canada, and I recently took a car ferry to get to Seattle ...
businessinsider.com/car-ferry-victoria-canada-seattle-washington-review-photos-2024-4
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UK unemployment jumps to six-month high after economy cools: The figures provided a tentative sign that inflationary pressures in the jobs market are cooling
businesspost.ie/news/uk-unemployment-jumps-to-six-month-high-after-economy-cools/
Paid articlePaid Q2 Update: 2024 Market Outlook on Stocks and the Economy: Our expectations for the US equity market, plus top stock picks for the quarter.
morningstar.com/markets/q2-update-2024-outlook-stock-market-economy
Morning Update: Ottawa raises capital-gains tax to fund budget’s billions in new spending
theglobeandmail.com/canada/article-morning-update-ottawa-raises-capital-gains-tax-to-fund-budgets/
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Bay Area bounces back with job gains in March, led by South Bay hiring: The job markets in the Bay Area and California powered to robust job gains in March ...
mercurynews.com/2024/04/19/bay-area-job-tech-economy-covid-layoff-hotel-restaurant-store-march/
Bus rides free on Earth Day in Greater Victoria: B.C. Transit is making transit free for riders on April 22 in the capital region
timescolonist.com/local-news/bus-rides-free-on-earth-day-in-greater-victoria-8626434
Canada Inflation Ticks Up to 2.9% on Higher Gas Prices: Canadian consumer prices reaccelerated slightly as expected due to higher gasoline prices ...
bloomberg.com/news/articles/2024-04-16/canada-inflation-ticks-up-to-2-9-on-higher-gas-prices
Paid articlePaidQuick Glance: Canadian Inflation Rises Due to Increase in Gasoline Prices
- Canadian consumer prices saw a slight increase, primarily due to higher gasoline prices. Core metrics indicated further progress in disinflation, prompting the central bank to prepare for a shift to looser monetary policy as early as June or July.
- In March, the consumer price index rose by 2.9% compared to the previous year, up from the 2.8% reported a month earlier. Excluding gasoline, the index slowed to 2.8% from the previous year, in contrast to February's 2.9%.
- However, indications of underlying price pressures decreased. The averages of the Bank of Canada's two core measures decreased to an annual rate of 2.95%, weaker than anticipated. Following the release, yields on two-year Canadian government bonds dropped by approximately 10 basis points to 4.18%.
- The March inflation data suggest that the decline in core metrics this year is not temporary. Bank of Canada officials are now waiting to be convinced that the path to the 2% target can be sustained before making adjustments to monetary policy.
Victoria EV owners to be allowed to charge vehicles on street with cords: Fees for DC fast chargers will also be based on the amount of power delivered rather ...
timescolonist.com/local-news/victoria-ev-owners-to-be-allowed-to-charge-vehicles-on-street-with-cords-8622895
U.S. unemployment is underestimated due to immigration mismeasurement: Goldman : The unemployment rate would be higher if the full impact of immigration ...
marketwatch.com/story/u-s-unemployment-would-be-higher-if-illegal-immigration-was-properly-counted-goldman-sachs-estimates-3df87d4c
India’s youth can give the country an edge — if they get the jobs they desire: Their unleashed aspirations are unlikely to be satisfied by gig-worker jobs with ...
indianexpress.com/article/opinion/columns/indias-youth-can-give-the-country-an-edge-if-they-get-the-jobs-they-desire-9278412/
Victoria moves toward banning sheltering in two more parks: City staff have been asked to work with B.C. Housing and other service providers to find alternate ...
timescolonist.com/local-news/victoria-moves-toward-banning-sheltering-in-two-more-parks-8622814
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