Market Ethos - Labour market still strong


Well, it looks like AI (artificial intelligence) has not replaced everyone’s job just yet. Last week saw a surprisingly strong ADP employment report of 497k – double what economists were expecting. Then, on Friday, the U.S. Department of Labor reported non-farm payrolls of 209k, a bit below forecasts. Canada joined in too – with 60k new jobs in June, pretty much all over the place.

Click HERE to access the report.