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Canada’s Jobless Rate Rises to 6.8% Despite December Hiring

          A employee sorts batteries on a conveyor belt at a recycling facility in Port Colborne, Ontario. Canada’s unemployment rate climbed to 6.8% in December , even though the economy added 8,200 jobs during the month. The increase in unemployment wasn’t driven by widespread layoffs but by a surge in the number of people entering the labour force and actively looking for work. December Highlights Unemployment rate: Up from 6.5% to 6.8% Employment: Net gain of 8,200 jobs Labour force: Expanded significantly, outpacing job creation Full-time work: Increased Part-time work: Declined Why the Rate Rose Economists point out that the rise in unemployment reflects renewed labour market participation , not a weakening economy. More Canadians felt confident enough to start job hunting, but hiring didn’t keep pace with the influx of job seekers. This marks the fourth straight month of employment growth , yet December also saw the largest increas...
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Urgent Talks Scheduled for Gaza Ceasefire and Hostage Release

 


In a joint statement, leaders from the United States, Qatar, and Egypt have called for urgent talks between Israel and Hamas. The proposed meeting is set for August 15 and aims to bridge the remaining gaps in the Gaza ceasefire agreement.

Key Points:

  1. Ceasefire Agreement: The talks seek to finalize a comprehensive ceasefire agreement, putting an end to the ongoing conflict in Gaza.

  2. Hostage Release: Another critical objective is securing the release of hostages and prisoners held by both sides.

  3. Location: The negotiations could take place either in Doha or Cairo.

  4. Time Sensitivity: The urgency of the situation underscores the need for swift action.

Leaders emphasize that now is the time to find common ground and bring stability to the region. As the world watches, hopes are high that these talks will yield positive results.


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