Global Banking Monitor

Sunday, September 8, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...
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Canada’s May Unemployment Rate Increases, Breaking a Nine-Month Decline

By Pete Sadler
Photo by Benjamin Disinger on Unsplash

Canada unexpectedly shed jobs in May and the unemployment rate rose for the first time in nine months, data showed on Friday, a first sign of employment softness after the central bank hiked rates this week, in part because of the tight labour market.

The economy shed a net 17,300 jobs in May, entirely in full-time work, while the jobless rate inched up to 5.2 per cent, Statistics Canada said.

Read More: Canada’s May Unemployment Rate Increases, Breaking a Nine-Month Decline

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Stripe employees get to sell $1bn of shares

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