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                          Consumer Sentiment Falls to New Record Lows Amid War in Iran

The University of Michigan’s consumer-sentiment index fell to 48.2 in May, driven by higher gasoline prices.
Year-ahead inflation expectations decreased to 4.5% from 4.7% last month.
The survey highlights a growing disconnect between a relatively solid economic backdrop and households’ perception.

                          Canada Unemployment Rate Rises to Six-Month High in April

Canadian employment fell by a net 17,700 jobs in April, pushing the jobless rate to 6.9%, its highest in six months.
Full-time work declined by 46,700 positions in April, with goods-producing industries seeing further job losses.
Trade uncertainty and increased energy costs are making companies wary of hiring, according to economists.

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