Over 23 million immigrants in the United States will be allowed to vote in the 2020 presidential election, equaling around a tenth of the country’s overall electorate According to the Pew Research Center, this is a record high. The total of immigrants eligible to vote has risen at a steady pace by 93 percent over …
Eligible Immigrant Voters in the USA Reaches Record Level Read More »
Economic growth is thriving in these “boomtown” cities, creating new jobs, and attracting new residents SmartAsset, a financial advice website, looked at data covering the 500 largest cities in America to determine what “boomtowns” are at the top. Several southern cities topped the ranking, and some are growing faster than others. Greeley, CO, had the …
These Boomtowns Are Producing Many New Jobs in the USA Read More »
Toronto is in Desperate Need of Skilled Carpenters With the booming condo construction, major transit projects like the Eglinton LRT, and mixed-use projects such as The Well, Mike Yorke, President of the Carpenters District Council of Toronto, says finding workers in the sector is essential. According to Yorke, close to 500 carpenters are predicted to …
The United States has seen unprecedented job growth over the last decade. November 2019 was the 110th month of reported job increases, the longest in US history. In the past five years, the number of people with a job in the US increased by 7.5 percent or 11 million. The 24/7 Wall Street website reviewed the …
Watching the US economy over the past ten years makes the old saying ring true: “Expansions don’t die of old age”. As of December 2019, there has been expansion of the US economy for 126 straight months, making it the longest stretch in the country’s history, according to the National Bureau of Economic Research. This …
America’s Economy Has Been Growing for a Record 10 Years Read More »
Hiring in the U.S. increased in November 2019 to the highest rate since January of the same year and wages increased over three percent. Employers paid no attention to trade conflicts and a worldwide slowdown and added 266,000 positions. In October, the unemployment rate dropped from 3.6 percent to 3.5 percent, matching a 50-year low, …
American Employers Added 266,000 New Jobs in November 2019 Read More »
According to one economist, January 2020 is showing a strong start to the year, and one more sign the expansion has continued to pull employees into the workforce Not only is the participation in the labor force on the rise, but there is a pickup in employment. This is a sign that the job market …
New Year Off to Good Start with 225,000 New Jobs in the USA Read More »
A growing number of US economists have been bullish about increases in 2020 The National Association for Business Economics reported that well over half expected the US gross domestic product (GDP) to increase by 1.1 percent to two percent. A growing number even expected higher increases of up to three percent. The US, Canada, and …
Healthy Economic Growth Forecast for the USA in 2020 Read More »
Jobs are being added and the unemployment rate continues to decline in the Canadian economy. An impressive 35,200 jobs were posted in December 2019, and the unemployment rate fell to 5.6 percent. This report will allow the Bank of Canada to be eased of fears following a weakness seen in November. If you are ready …
Growth of Canadian Jobs in 2019 Was Second Highest Since 2007 Read More »
Even with a slight slowing, employers in the United States added 145,000 jobs in December. The unemployment rate remained steady at 3.5 percent, indicating the job market is holding strong at the start of 2020. The statistics of a steadily improving economy, along with low inflation, will give the Federal Reserve an excellent outlook about …