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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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Trump Vows ‘Very Hard’ Response Against Iran After Sanctions Shift on Russian Oil

 

Iranians take part in a protest marking the annual al-Quds Day (Jerusalem Day) on the last Friday of the holy month of Ramadan, in Tehran.


President Donald Trump announced that the United States will strike Iran “very hard over the next week,” a declaration that came shortly after his administration issued a partial 30‑day waiver allowing purchases of sanctioned Russian oil. The move, intended to ease soaring global energy prices amid the U.S.-Israeli conflict with Iran, has drawn international scrutiny. 

The temporary easing of sanctions on Russian oil is part of a broader strategy to stabilize markets shaken by the ongoing Middle East war. Energy prices have surged and then fluctuated sharply in recent days, prompting the administration to adjust its approach to maintain supply and reduce economic pressure. 

Trump’s warning toward Iran signals a potential escalation in an already volatile regional conflict, even as the U.S. attempts to manage global energy disruptions. The dual strategy—loosening sanctions on Russia while preparing intensified action against Iran—highlights the administration’s effort to balance geopolitical pressure with economic stability.

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