Skip to main content

Featured

Washington’s Aims in Iran Remain Steady, Says Hegseth

                                   Hegseth told reporters that the objectives remained to destroy Iran's missile launchers. In a recent commentary, Fox News host Pete Hegseth argued that the United States’ strategic objectives in Iran have remained largely unchanged despite shifting administrations and evolving regional tensions. According to Hegseth, Washington continues to prioritize deterring Iran’s nuclear ambitions, countering its regional influence, and protecting U.S. personnel and allies in the Middle East. Hegseth suggested that while tactics may vary—from diplomatic pressure to targeted military responses—the core goals have stayed consistent for decades. He also emphasized that Iran’s actions, including support for proxy groups and continued nuclear development, keep the region on edge and force U.S. policymakers to maintain a firm posture. His remarks come amid renewed...

article

Population growth outpaces job creation in Canada

 


Canada’s labour market is facing a challenge as the number of people looking for work is growing faster than the number of jobs available. According to Statistics Canada, employment increased by 25,000 in November, but the unemployment rate rose to 5.8 per cent from 5.7 per cent in October. This is because the population aged 15 and over grew by 870,000, or 2.7 per cent, since the beginning of the year, while the net job gain was only 430,000.

The Bank of Canada has been raising interest rates to curb inflation, but this has also slowed down the economy and the demand for labour. Some economists expect the central bank to start cutting rates in the second quarter of next year to stimulate growth and stabilize the labour market.

The job gains in November were concentrated in the private sector, full-time work, manufacturing and construction. However, some industries, such as wholesale and retail trade, finance, insurance and real estate, saw job losses. Younger workers (15 to 24) also faced higher unemployment than other age groups.

Average hourly wages rose 4.8 per cent year over year in November, matching the increase in October. The Bank of Canada is monitoring wage growth for signs of inflationary pressure. Total hours worked across the economy fell 0.7 per cent in November, indicating a weak performance of gross domestic product that month.


Comments