Infrastructure Minister Catherine McKenna, seen here on Jan. 31, 2020, has said Ottawa is looking for shovel-ready infrastructure projects, a traditional approach for governments looking to stimulate economic activity.The coronavirus has been anything but an equal-opportunity job destroyer.
That divide is important not just for understanding the nature of the current downturn, but even more so in charting a path for recovery, Prof. Skuterud and other economists say. The split between hourly and salaried workers has important implications for the direction of Canada’s economic recovery, starting with how quickly consumer spending rebounds later this year.
The resumption of construction work, landscaping and other male-dominated jobs should start reducing the number of unemployed hourly paid men this month, said Armine Yalnizyan, economist and Atkinson fellow on the future of workers. For the moment, the federal government appears to be resurrecting plans from past recessions. Infrastructure Minister Catherine McKenna has said Ottawa is looking for shovel-ready infrastructure projects, a traditional approach for governments looking to stimulate economic activity.
globebusiness If you count people that lost their job in March and stopped looking for work. Our unemployment rate sits at 18% The same number in the States is 22.8%
globebusiness Spoiled government workers vs the rest
globebusiness Curious to know how it’s split between government workers (local provincial federal) vs private industry. Wild guess here - the split would be more dramatic than hourly vs salary or men vs women.
globebusiness Liberal politics of division 101 - Always focus on race/gender to generate the proper narrative no matter the crisis on hand...
globebusiness
globebusiness The Liberals are loving this. Handing out money everyday and forgettting to tell us that it has to be paid back. No one will want to work after they realise how much is left after the NEW taxes are implemented. onpoli cdnpoli
globebusiness If more accessible childcare is the answer, why not open up schools? If it is unsafe to open schools, it is unsafe to open up childcare centres. For those with pre-school age children, the problem is the same as it was before the current crisis.
globebusiness The Canadian job market has completely $hit the bed and it’s going to take at least 5 years to recover
globebusiness More Canadian divisiveness, courtesy of JustinTrudeau’s liberal_party. They broke it! They should own it!
globebusiness More nervous liberals as the world looks to the Trudeau gov for answers on origin of virus from Canadian lab