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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 Jitters Rise as Tariff Threats Hit Global Stocks

Global markets slipped in early trading after President Donald Trump signaled potential new tariffs on several European nations, unsettling investors and prompting a swift move into traditional safe‑haven assets.

Stock futures in the U.S. and Europe traded lower, with major indexes across Frankfurt, Paris, and London also losing ground. The renewed trade tension injected fresh uncertainty into markets already sensitive to geopolitical shifts.

Gold prices climbed as investors sought protection from potential economic fallout, while the dollar weakened against the yen and Swiss franc. Oil edged down on concerns that escalating trade disputes could weigh on global growth and energy demand.

With U.S. markets closed for Martin Luther King Jr. Day, lighter trading volumes amplified the market’s reaction. Investors now look ahead for clarity on whether the tariff threats will escalate into a broader confrontation.


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