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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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In a significant policy shift, the consumer carbon charge on essentials like gasoline and heating has been eliminated. This move marks a departure from efforts to directly incentivize individual carbon reductions through pricing. Proponents of the change argue that it will ease the financial burden on households, especially during times of economic uncertainty.  

However, critics warn that removing the carbon charge could diminish the focus on greener alternatives and delay the transition to sustainable energy sources. They stress the importance of maintaining long-term environmental goals, even as policymakers address present economic challenges.  

This development reflects the ongoing balancing act between economic relief and environmental responsibility, sparking important conversations about the future of energy policy and climate action.  


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