Surprise Jobs Rebound Raises Hopes Of Quicker Economic Recovery
TD Wealth
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Summary
- Most of the Canadian job gains in May were full-time jobs and hours worked have increased.
- The economy is rebounding and reopening, but there is a risk we could have setbacks in the future.
- The financial markets are pricing in the benefits of reopening the economy.
Anthony Okolie recaps the news of the day including the latest COVID-19 updates, followed by a conversation with James Orlando, Senior Economist, TD Bank, about the positive employment data in May, and what that could mean for the economic recovery.
Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
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