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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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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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