Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Cargo Ship Struck by Missile off Yemen’s Aden Coast

 

On Sunday, the British security firm Ambrey reported that an Antigua and Barbuda-flagged general cargo ship was hit by a missile 83 nautical miles southeast of Yemen’s Aden. The ship caught fire but was eventually contained. No injuries were reported.

The Houthi militia, aligned with Iran and controlling significant parts of Yemen, has been targeting ships off its coast in solidarity with Palestinians fighting Israel in Gaza. These attacks have disrupted maritime trade routes, forcing ships to take longer and costlier journeys around southern Africa.


Labels:

Comments

Post a Comment