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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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Explosions Rock Beirut After Israeli Army Issues Warning

 

Massive explosions shook Beirut late Friday following warnings from the Israeli military about potential strikes targeting Hezbollah strongholds in Lebanon. The blasts, reportedly in the southern suburbs of the Lebanese capital, sent plumes of smoke into the sky and caused widespread panic among residents.

Preliminary reports suggest the targets included infrastructure and storage facilities linked to Hezbollah, though neither the Israeli Defense Forces (IDF) nor Hezbollah have officially confirmed the details. Lebanese media described the explosions as among the most intense in recent years, further escalating tensions in an already volatile region.

The Israeli army had earlier issued a stark warning, urging civilians in certain areas to evacuate in anticipation of military action. The strikes are seen as part of Israel’s broader response to increased rocket fire from Hezbollah amid the ongoing conflict with Hamas in Gaza.

Lebanese authorities have condemned the attack, calling it a violation of the country’s sovereignty and warning of severe consequences for regional stability. International actors, including the United Nations, have urged all parties to exercise restraint to prevent further escalation.

As the situation unfolds, concerns grow over the humanitarian impact, with both Lebanese civilians and displaced individuals facing mounting risks in the conflict zone.


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