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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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Barack Obama to Headline DNC on Tuesday: A Major Push for Kamala Harris

Former President Barack Obama is set to headline the Democratic National Committee (DNC) event this Tuesday, marking a significant moment in his active support for Vice President Kamala Harris. As one of the most influential figures in the Democratic Party, Obama’s involvement underscores his commitment to Harris and signals her pivotal role in the party’s future.

Obama’s speech at the DNC is expected to be a powerful endorsement of Harris, highlighting her achievements and reinforcing her position as a key leader within the Democratic Party. This event comes as Obama takes a more hands-on approach to campaigning for Harris, who has been a trailblazer as the first female, Black, and South Asian vice president in U.S. history.

The former president’s efforts are part of a broader strategy to galvanize Democratic voters ahead of the upcoming election cycle. By aligning himself closely with Harris, Obama aims to energize the party’s base and appeal to a diverse coalition of voters. His endorsement is seen as crucial in bolstering Harris’s profile and positioning her as a central figure in the party’s future leadership.

As Obama takes the stage on Tuesday, his message will likely focus on unity, progress, and the importance of continuing the work begun during his presidency. His campaign for Harris is not only about supporting her but also about ensuring the Democratic Party remains strong and cohesive as it faces the challenges of the 2024 election and beyond.

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