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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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Venezuela Cooperation Prompts Trump to Halt Planned Second Strike

Military personnel hold an honour guard during the funeral of soldiers killed in the U.S. operation to capture Venezuela’s leader Nicolas Maduro, at a cemetery in Caracas.

U.S. President Donald Trump announced Friday that he has canceled a previously expected second wave of military attacks on Venezuela, citing what he described as “important” cooperation from the South American nation. The decision follows Venezuela’s release of large numbers of political prisoners and new commitments to work with the United States on rebuilding its oil and gas infrastructure.

In a post on his Truth Social platform, Trump said the prisoner releases were a sign that Venezuela was “seeking peace,” adding that the two countries were “working well together” on energy‑sector reconstruction. He emphasized that the improved relationship made further military action unnecessary, though U.S. naval vessels would remain positioned near Venezuela “for safety and security purposes”.

The announcement comes less than a week after U.S. strikes in Caracas resulted in the capture of Venezuelan President Nicolás Maduro, a development that has reshaped political dynamics in the region. Trump also highlighted expectations of at least $100 billion in investment from major U.S. oil companies as part of Venezuela’s planned energy overhaul.

While the cancellation of the second strike signals a shift toward diplomatic engagement, the situation remains fluid as both nations navigate the aftermath of the initial U.S. operation and the emerging political landscape in Caracas.


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