Economic Updates

See all Economic Updates

U.S. unemployment rate ticked up in May despite payroll increase

June 2, 2023

Early signs of slowing labour demand has not yet been able cool a currently very hot labour market. Employment growth continues to surprise on the upside and wage growth, although moderating is still above the level that the Fed's comfortable with.

Read Report

Canadian GDP resilience stretching into Q2

May 31, 2023

Q1 GDP growth bounced back 3.1% (annualized rate) after after growth stalled in Q4.

Read Report

Get Email Updates from RBC Economics

As a subscriber to our publications, you will receive an email alert with a link as soon as a publication goes live on our website.

Sign Up to get email updates