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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 Uncertainty: Fed Policy Takes Center Stage Amid Middle East Tensions

The U.S. stock market is facing a period of uncertainty as investors weigh the Federal Reserve's upcoming interest rate decision against escalating geopolitical tensions in the Middle East. Futures on the Dow Jones Industrial Average remained flat, while the S&P 500 and Nasdaq 100 saw modest gains of 0.1% and 0.2%, respectively.  

Concerns over potential U.S. involvement in the Israel-Iran conflict have kept markets on edge. President Trump’s recent statements and meetings with his national security team have fueled speculation that the U.S. may take action, prompting Iran to prepare retaliatory measures.  

Meanwhile, oil prices have fluctuated, with Brent crude rising above $76 per barrel and West Texas Intermediate trading just above $75. Investors are closely watching the Federal Reserve’s policy announcement, expected later today, for insights into potential rate cuts and economic stability. Fed Chair Jerome Powell’s press conference will be pivotal in shaping market sentiment moving forward.  

With geopolitical risks and economic policy decisions colliding, traders are bracing for volatility in the days ahead.

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