Coronavirus Benjamin Tal Canada covid-19 Jobs Coronavirus Benjamin Tal Canada

People who lost jobs in 2020 had wages below Canadian average, report says

COVID-19 pandemic all had something in common: They made $27.81 an hour or less.But the biggest decline in work was among the country’s very bottom wage earners, with an hourly wage under $13.91.Those findings are included in a report by CIBC Economics based on Statistics Canada data that shows that all the jobs lost in 2020 were among workers who earned below average wages.

Federal workers paid $819M to stay home amid coronavirus pandemic: documents The research steps back from the monthly fluctuations of Canada’s job numbers to reveal a dramatic widening of the country’s income gap due to the pandemic.“This is a very abnormal and asymmetrical crisis,” Benjamin Tal, the report’s author and CIBC’s deputy chief economist, said in an.

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