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Canada’s Job Market Gains Momentum as Unemployment Drops to 6.5%

  I n October, Canada gained 66,600 jobs and the unemployment rate dropped 0.2 percentage points to 6.9 per cent.  Canada’s labour market showed renewed strength in November , with the unemployment rate falling to 6.5% as the economy added 53,000 jobs . This marks a positive shift after months of slower employment growth, suggesting resilience despite global economic uncertainties. Key Highlights: Unemployment Rate: Down to 6.5%, the lowest in several months. Job Creation: 53,000 new positions added, driven largely by full-time employment. Sector Growth: Gains were seen in professional services, healthcare, and construction, reflecting strong demand across diverse industries. Regional Trends: Ontario and British Columbia led the way in job creation, while some provinces experienced more modest growth. Economic Context: Analysts note that the increase in employment could ease concerns about consumer spending and economic slowdown. However, wage pressures and infla...
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Farmers Protest in Brussels for Better Market Conditions

 


Farmers from across Europe are protesting in Brussels, the EU capital, to demand better market conditions. The farmers are blocking traffic in the city, causing major disruptions. 

The protest is part of a wave of farmer protests that have swept across Europe in recent months. The farmers are demanding that their issues be put on the summit agenda and that they be given better market conditions. The climax of the protest is set for Thursday, when farmers plan to protest outside EU headquarters during a summit of government leaders. The protest is expected to be large and disruptive.


 

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