10 Second Headlines

July 9, 2021

CANADIAN EMPLOYMENT DATA Canada added 231,000 jobs in June, recouping most of the 275,000 jobs lost in April and May. 264,000 part-time jobs added; mostly women aged 15-24 years 33,200 full-time jobs lost 63,000… Read More

July 2, 2021

US EMPLOYMENT DATA US added 850,000 jobs in June vs 720,000 expected Unemployment rate little changed at 5.9% (had been expected to fall to 5.6%) 5 million Americans are unemployed vs 5.7 million in… Read More

June 25, 2021

US INFRASTRUCTURE PLAN President Biden embraced a bipartisan Senate deal to spend $1.2 trillion over 8 years including $579 billion of new spending, which includes: Roads, bridges and other major projects: $109 billion Power… Read More

June 18, 2021

CANADIAN HOUSING Ranked as 2nd frothiest global housing market by Bloomberg economics. New Zealand is 1st with Sweden, UK and US also ranking near the top Canadian single family home prices rose 2.8% in… Read More

June 11, 2021

WATER AND DROUGHT The Hoover Dam reservoir is at its lowest level ever, underscoring the extreme drought in the US west. Hoover Dam supplies water to 25 million people including Los Angeles and Las… Read More

June 4, 2021

CANADIAN MAY EMPLOYMENT Canada lost 68,000 jobs in May (54,000 part-time and 14,000 full-time). Unemployment rate steady at 8.2%; among those working part-time in May, 22.7% wanted a full-time job vs 18.5% February. Ontario… Read More

May 28, 2021

FUTURE OF CRYPTOCURRENCY Federal Reserve, Bank of Japan, Bank of England, Bank of Canada, European Central Bank, China and others are reiterating that they believe cryptocurrencies are: Vehicles for speculation and volatility is extraordinarily… Read More

May 21, 2021

EVOLUTION OF TOP 50 GLOBAL COMPANIES (BLOOMBERG ECONOMICS) Top 50 companies by value added $4.5 trillion of market capitalization in 2020. Represent 28% of global GDP vs >5% in 1990 Median profits rose 18.2%… Read More

May 14, 2021

US EMPLOYERS INCREASING WAGES TO ATTRACT WORKERS Employers in the US are increasing wages to attract workers: McDonalds announced that it will increase hourly wages in the US by 10%, bringing the average wage… Read More

May 7, 2021

COVID-19 IMPACT ON BIRTHRATES US birthrate was down 4% in 2020 to nearly 3.6 million babies, the 6th straight annual decline and the lowest since 1979. (US population in 1980: 226,545,805 and 2021: 332,278,200).… Read More