Is Canada's job market on pause?, Deutsche Bank to slash 18,000 jobs, and more top news

The news Canadian professionals are talking about now, curated by LinkedIn’s editors. Join the conversation by clicking the hashtags below.

Canada’s solid labour market slowed down in June after a strong run. The economy shed 2,200 jobs last month, Statistics Canada said, while the unemployment rate rose to 5.5% after hitting a four-decade low of 5.4% in May. Despite this stall, the first half of 2019 was one of the best on record for Canada's job market. 247,500 jobs have been added since the end of 2018, which were mostly full-time positions. ? Here’s what people are saying.

Following “years of decline,” Deutsche Bank says it’s closing its equities business, as well as cutting 18,000 global jobs by 2022. The German lender announced that it will lose roughly USD$3.1 billion in the second quarter, in its attempt to restructure and boost profitability, with its restructuring plan costing close to $8.3 billion by the end of 2022. Deutsche Bank has been rocked by investigations and fines stemming from the financial crisis and other issues in recent years. ? Here’s what people are saying.

The U.S. women's soccer team are World Cup champions once again after beating the Netherlands 2-0. It's the fourth title overall for the U.S. and the first time it has won back-to-back trophies. The team has also launched itself into the gender pay gap debate with its lawsuit against the U.S. Soccer Federation. The women can expect a guaranteed payday of about USD$250,000 with Sunday's title, says the New York Times. The winning team of the men's World Cup would have received roughly $1.1 million each, per CNBC. ? Here’s what people are saying.

Boeing has been usurped by its European rival Airbus in a lucrative new deal with Saudi Arabia's flyadeal. The airline last December made a commitment to buy the 737 MAX jetliners, but instead opted to purchase up to 50 Airbus A320neo planes for about USD$5.5 billion. The move by the discount carrier is “one of the first tangible signs” that Boeing’s crisis may shift orders to its rival Airbus, says The Journal. ? Here’s what people are saying.

Some supermarkets in Europe are testing technology that would allow shoppers to simply grab what they need and walk out the door with no cashier necessary. Similar technology, which involves cameras tracking what shoppers pick up, was pioneered by Amazon for its Amazon Go stores. But don't expect the cashier-less model to take off in the U.S. anytime soon. American chains are slower to adopt new technology than their European peers because the U.S. market is less competitive, according to The Wall Street Journal. ? Here’s what people are saying.

Idea of the Day: Feeling constantly overwhelmed is a serious health issue, says Arianna Huffington, founder and CEO at Thrive Global.

“The problem is that busyness doesn’t work. Not only is it inefficient, it only feeds the feeling of what researchers call time famine.”

What's your take on today’s stories? Share your thoughts in the comments.

— Jessica Hartogs