The result was the highest reading for the unemployment rate since January 2022
Continuing claims rise for ninth straight week
The U.S. economy, job market have been resilient in the face of the Fed's campaign to raise interest rates to rein in inflation
Economy performing better than expected, pushing out Fed action
Year-over-year insolvency levels have been rising for more than two years
Both goods-producing and services sides of the economy showed growth
Average prices still remain far above where they were before the pandemic
U.S. corporates' interest coverage continued decline in Q1
Moderate price growth is forecast, and arrears is expected to rise slightly
Gifts to support home purchases rising alongside home prices, CIBC says