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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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Tensions Escalate as Strike on Israeli Golan Heights Kills 11

 

A deadly rocket strike on the Israeli-controlled Golan Heights has claimed the lives of 11 children and teenagers, raising fears of a broader regional conflict. The attack, which occurred on a soccer field in the Druze town of Majdal Shams, marks the deadliest strike on an Israeli target along the northern border since the recent escalation of hostilities between Israel and Hezbollah.

Israeli authorities have blamed the Lebanese militant group Hezbollah for the attack, but Hezbollah has vehemently denied any involvement. Rear Adm. Daniel Hagari, the chief spokesman for the Israeli military, described the incident as a “very serious” event and vowed that Israel would respond accordingly.

Hezbollah’s chief spokesman, Mohammed Afif, stated that the group “categorically denies carrying out an attack on Majdal Shams.” This denial is unusual for Hezbollah, which has claimed responsibility for multiple attacks on Israeli military posts in recent days.

The strike follows a series of cross-border skirmishes, including Israeli airstrikes on Hezbollah positions in southern Lebanon and retaliatory attacks by Hezbollah. The escalating violence has prompted Israeli Prime Minister Benjamin Netanyahu to cut short his visit to the United States.

Lebanon’s government has called for an immediate cessation of hostilities and condemned all attacks on civilians. As tensions continue to rise, the international community watches with concern, fearing that the conflict could spiral into a wider regional war.


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