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Six Days Adrift: Tragedy Strikes Migrant Boat off Greek Coast

  Twenty-two migrants lost their lives off the coast of Greece after spending six harrowing days at sea in a rubber boat that had departed from Tobruk, Libya. According to survivor accounts and Greek coastguard reports, the passengers became disoriented during the journey and were left without food or water, leading to fatal exhaustion.  Rescue teams recovered 26 survivors, including a woman and a minor, near the island of Crete. Several survivors reported that the bodies of those who died were thrown overboard on the orders of smugglers accompanying the group. Greek authorities have since arrested two South Sudanese men, aged 19 and 22, suspected of human trafficking and negligent homicide.  The tragedy highlights the ongoing dangers faced by migrants attempting to reach Europe via the Mediterranean, a route that continues to claim lives despite increased border controls and international attention. Poor weather, overcrowded vessels, and lack of supplies remain persis...

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Canada's Job Market Soars in December: 91,000 Jobs Added, Surpassing Expectations

 

Canada's economy experienced a remarkable surge in job growth in December 2024, adding an impressive 91,000 jobs, far exceeding economists' expectations of 25,000. This significant increase brought the unemployment rate down to 6.7% from 6.8% in November.

The job gains were primarily in full-time positions, with notable increases in educational services, health care and social assistance, finance, and transportation. The public sector saw the addition of 40,000 jobs, while the private sector added 27,000 jobs. Additionally, the number of self-employed individuals rose by 24,000, marking the first increase since February.

Despite the positive job growth, the average hourly wage rose by 3.8% year-over-year, a slight decline from previous months. Economists have noted that while the job market's performance was better than anticipated, there is still room for improvement, and further interest rate cuts may be necessary to reduce excess capacity in the economy.

Overall, the strong job market performance in December 2024 signals a positive end to the year and raises questions about the Bank of Canada's future interest rate decisions.



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