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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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Israel Strikes Hezbollah Weapons Smuggling Sites in Syria Amid Ceasefire Tensions


Israeli aircraft struck Hezbollah weapons smuggling sites along Syria's border with Lebanon on Saturday, November 30, 2024, testing a fragile ceasefire that took effect earlier this week. The Israeli military stated that the sites were used to smuggle weapons from Syria to Lebanon, which it deemed a violation of the ceasefire terms.

The ceasefire, brokered by the United States and France, calls for an initial two-month truce, during which Hezbollah militants are to withdraw north of Lebanon's Litani River, and Israeli forces are to return to their side of the border. Despite the ceasefire, sporadic violence has continued, reflecting the uneasy nature of the agreement.

There was no immediate comment from Syrian authorities or Hezbollah. The Israeli military has accused Hezbollah of violating the ceasefire multiple times since it began on November 27, 2024. Lebanon has also accused Israel of ceasefire violations.

The situation remains tense as displaced residents return to their homes amid warnings from both the Israeli and Lebanese militaries to stay away from certain areas.


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