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

Pope Francis Shows Signs of Recovery Amid Double Pneumonia Treatment


Pope Francis, the 88-year-old head of the Roman Catholic Church, is showing signs of improvement as he continues treatment for double pneumonia at Rome's Gemelli Hospital. The Vatican has confirmed that the pontiff is alert and able to eat, a positive development in his ongoing battle with the respiratory infection.

The Pope was admitted to the hospital on February 14th after experiencing a week of worsening bronchitis. Subsequent tests revealed that his condition had developed into bilateral pneumonia, affecting both lungs. This diagnosis has complicated his treatment, requiring a combination of antibiotics, corticosteroids, and additional pharmacological therapy.

Despite the severity of his illness, Pope Francis remains in good spirits. He has been receiving the Eucharist and alternating between rest, prayer, and reading. The Vatican has expressed gratitude for the outpouring of prayers and support from around the world.

The Pope's health has been a concern in recent years, with regular bouts of flu, sciatica nerve pain, and an abdominal hernia that required surgery in 2023. His current condition has led to the cancellation of several public engagements, including weekend jubilee celebrations.

As Pope Francis continues his recovery, the Vatican will provide updates on his condition and treatment progress.



Labels:

Comments

Post a Comment