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Holiday Hiring Fails to Ease Labor Market Strain

  As the holiday season approaches, retailers and logistics companies traditionally ramp up hiring to meet surging consumer demand. Yet this year, the influx of seasonal jobs offers only modest relief to a labor market still grappling with structural challenges. While temporary positions provide short-term opportunities, they do little to address persistent issues such as stagnant wages, worker shortages in critical industries, and the growing mismatch between available jobs and worker skills. Many seasonal roles are concentrated in retail and warehousing, sectors that often struggle to retain employees once the holiday rush subsides. Economists note that the reliance on short-term hiring underscores deeper vulnerabilities. The labor market continues to face pressure from automation, shifting consumer habits, and a cooling economy. For workers, seasonal jobs may provide a paycheck, but they rarely translate into long-term stability or career growth. In the end, the holiday hiri...

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Trade Tensions Escalate: China and Canada Strike Back at U.S. Tariffs


In a dramatic escalation of global trade tensions, China and Canada have swiftly retaliated against the sweeping tariffs imposed by former U.S. President Donald Trump. The U.S. recently enacted a 25% tariff on most imports from Canada and Mexico, alongside a 10% increase on Chinese goods, doubling the existing duties to 20%.

China responded by imposing tariffs of up to 15% on key U.S. agricultural products, including chicken, wheat, and corn, while Canada announced immediate tariffs of 25% on $20.7 billion worth of American goods, with plans to expand these measures further. Canadian Prime Minister Justin Trudeau condemned the U.S. actions, calling them unjustified and a violation of trade agreements.

These retaliatory measures are expected to disrupt supply chains and increase costs for businesses and consumers, further straining the already fragile global economy. The trade war shows no signs of abating, with all sides digging in for what could be a prolonged economic standoff.

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