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Canada’s Job Market Stumbles as February Brings Major Employment Losses

                                                       Workers operating machinery at a construction site in Edmonton.      Canada’s labour market took a sharp downturn in February, shedding 84,000 jobs and pushing the national unemployment rate up to 6.7%. The decline was far steeper than economists expected and marks one of the most significant monthly employment drops in recent years.  A Sudden and Significant Employment Decline Statistics Canada reported that the country lost 84,000 jobs in February , a surprising contraction that affected both goods‑producing and services‑producing industries. The unemployment rate rose to 6.7% , up 0.2 percentage points from January. Economists had anticipated modest job growth, making the downturn even more unexpected.  Who Was Hit the Hardest Youth aged...

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Market Watch: U.S. Stock Futures Hold Steady Amid Trade Talks

U.S. stock index futures remained subdued on Friday following a strong rally in the previous session. Investors are closely monitoring upcoming trade discussions between U.S. and Chinese representatives in Switzerland, which could shape market sentiment heading into next week.

The recent rally was fueled by a new trade agreement between the United States and Britain, sparking optimism that similar deals could ease global trade tensions. However, analysts caution that the limited scope of the agreement raises questions about its broader impact.

Meanwhile, Federal Reserve Chair Jerome Powell acknowledged heightened risks of inflation and unemployment, leaving markets in a wait-and-watch mode. At 5:36 a.m. ET, Dow E-minis were down 48 points (0.12%), while S&P 500 E-minis and Nasdaq 100 E-minis showed slight gains.

Investors will also be keeping an eye on corporate earnings, with notable movements in stocks such as Trade Desk, Pinterest, and Expedia in premarket trading. The outcome of the U.S.-China talks could set the tone for next week's market direction.


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