Morning Headlines: May 10, 2019

Michelle de Leon / May 10, 2019

The economy added 426, 400 jobs for a proportional increase of 2.3 percent.
(Pixabay)

Canada’s labour market records biggest employment growth since 1976

 

A rush of new jobs surpassed market forecasts with 106, 500 net jobs in April, according to Statistics Canada in its latest survey.

The record-breaking employment gain came as a surprise, although Canada’s labour market has been seeing strong numbers since mid-2016.

 Despite an increase of people looking for work in the country, the numbers have remained strong thanks to an immigration boost, says Statistics Canada, which has pushed the growth of employment in recent years.

Local feminist groups receive support from BC

 

Feminists Deliver, a grassroots collaboration of British Columbia-based self-identified women, is receiving a one-time grant of $200,000 from the province.

The funding will help Feminists Deliver to host a conference in downtown Vancouver, along with the international conference, Women Deliver.

The public will be able to attend the conference for free. Discussion topics will include child welfare, body positivity, sexual violence and movements to create social change.

One of the contributing organizations is Butterflies in Spirit, a dance group consisting of family members of missing and murdered Indigenous women and girls.
(Lorelie Williams / Feminist Deliver)

It’s lift-off for Uber as it sets its debut in live trading.
(pixabay.com)

Uber goes public

 

Although the ride share company has yet to make its way to BC, Uber began trading today on the New York Stock Exchange with the shares opening at $42.

The company is the highest valued initial public offering (IPO) in technology, since Facebook.

However, Uber is still dealing with high-profile driver protests, lawsuits and on-going regulatory pressures.

In a press release, CEO Dara Khosrowshahi says they will have a deeper responsibility to their customers, shareholders and cities as they move from a private to a public company.