An UberEATS delivery worker is seen on Toronto’s Waterfront Trail in 2017. – Randy Risling / Toronto Star It was the tale of two economies.
When the toll of the global COVID-19 pandemic swept through the Canadian economy, thousands of jobs were lost, and entire sectors were devastated.
But the economic pain wasn’t felt equally, a new analysis of data by CIBC shows. People in temporary work, older workers, and low-wage workers were far more likely to have lost their jobs in 2020, says CIBC deputy chief economist Benjamin Tal.“This was the most asymmetrical recession in Canadian history,” said Tal. “It […]
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