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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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Hamas Accepts Gaza Ceasefire Proposal Amid Ongoing Tensions

Hamas has announced its acceptance of a new ceasefire proposal mediated by Egypt and Qatar, signaling a potential step toward de-escalation in the Gaza conflict. Khalil al-Hayya, a senior Hamas official, confirmed the group's approval of the proposal, which includes the release of five hostages weekly and a pause in fighting. 

The ceasefire aims to address humanitarian concerns and facilitate the exchange of hostages and prisoners. However, Israel has submitted a counter-proposal in coordination with the United States, leaving the final agreement uncertain. 

The fragile truce, previously disrupted by renewed hostilities, underscores the complexity of achieving lasting peace in the region. Both sides continue to negotiate terms, with Hamas emphasizing that its weapons remain a "red line". 

The international community watches closely as mediators work to bridge the divide and bring relief to the war-torn Gaza Strip.

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