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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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Unprecedented Drone Assault: Ukraine Targets Moscow

In a dramatic escalation of the ongoing conflict, Ukraine launched its largest drone attack on Moscow to date. The early morning assault involved over 90 drones targeting the Russian capital, leaving a trail of destruction in its wake. Residential buildings were damaged, fires erupted, and air travel was severely disrupted as flights were suspended at major Moscow airports.

Russian officials reported that air defenses intercepted a significant number of drones, but not before the attack claimed at least one life and injured several others. The assault comes at a critical time, as Ukrainian and U.S. delegations prepare for pivotal peace talks in Saudi Arabia.

This unprecedented strike underscores the intensifying nature of the conflict, with both sides employing advanced technologies in their military strategies. The attack has drawn international attention, raising questions about the potential for escalation and the prospects for a peaceful resolution.

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