Skip to main content

Featured

June Jobs Report: What It Means for the Bank of Canada's July 15 Decision

  Friday, July 10, 2026 Statistics Canada releases its June Labour Force Survey today, and the timing couldn't matter more. This is the last major economic data point before the Bank of Canada's next interest rate decision on July 15, 2026 — and whichever way the jobs numbers break, they'll shape what happens to borrowing costs for the rest of the summer. What Economists Are Expecting Consensus forecasts point to a modest but positive jobs report. Economists expect Canada added around 10,000 jobs in June, with the unemployment rate holding steady at 6.6%. That would follow a much stronger May, when the economy added 88,000 jobs and the unemployment rate actually fell by 0.3 percentage points. In other words, June's report is expected to show a cooling-off after May's surprise strength — not a reversal, but a return to a more modest pace of hiring. Indicator May 2026 June 2026 (Forecast) Net Employment Change +88,000 jobs +10,000 jobs (expected) Unemployment Rate 6....
Post a Comment
Read more

article

Labels

Landslide Traps Miners in Turkish Gold Mine

 

A devastating landslide struck the Copler gold mine in eastern Turkey, leaving several workers trapped underground. The incident occurred at approximately 2:30 p.m. local time near the town of Ilic in the mountainous Erzincan province.

Governor Hamza Aydogdu confirmed the grim situation, stating, “There are people buried underground, though the exact number remains unclear. Our search and rescue efforts have commenced.” The mine, operated by Anagold Mining since 2009, has emphasized the health and safety of its employees and contractors as their top priority during this crisis.

As rescue teams race against time to locate and free the trapped miners, the entire nation holds its breath, hoping for a swift and successful operation. Our thoughts are with the affected families and the brave rescuers working tirelessly to bring the miners back to safety.


Labels:

Comments

Post a Comment