WARNING: Canada’s Job Market Just COLLAPSED

Canadian payrolls were dismal in April, including the biggest two-month collapse in private jobs since the lockdowns. It isn't just sentiment. While pessimism has soared, results from around the real economy is backing that up with hard data. Not just Canada, also Mexico. Eurodollar University's Money & Macro AnalysisJeremy Rudd Why Do We Think That Inflation Expectations Matter for Inflation? (And Should We?)https://www.federalreserve.gov/econres/feds/files/2021062pap.pdfTranscript Chair Powell Press Conference May 2025https://www.federalreserve.gov/mediacenter/files/FOMCpresconf20250507.pdfBloomberg Canada Joblessness Hits 6.9% as Tariffs Strike Manufacturinghttps://www.bloomberg.com/news/articles/2025-05-09/canada-adds-7-400-jobs-unemployment-jumps-to-6-9Bank of Canada Financial Stability Report 2025https://www.bankofcanada.ca/2025/05/financial-stability-report-2025/SPG Canada Manufacturing PMI April 2025https://www.pmi.spglobal.com/Public/Home/PressRelease/487ca2cba7784b86aa9d9df3a315d744SPG Canada Services PMI April 2025https://www.pmi.spglobal.com/Public/Home/PressRelease/4c356ce1148c420fbee728307ef2b2dchttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

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Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.