Statistics Canada has shown incredible recovery after COVID-19 has taken new heights. It has shown signs that the Corona-virus lock-down caused a sharper decline. Similarly, it showed a sharper recovery than previous economic downturns. Since COVID-19 has been a cause of concern for many sectors in the Canadian economy. Ironically, it has affected the rate of employment in Canada, especially in the services sector as a trend. In parallel, it has been affecting the daily income of many people in various sectors.
A key reason being the economic activity in Canada that has been on a decline since COVID-19 reached its peak and many sectors were under lock-down in Canada. The Statistics Canada survey is a body that provides monthly information on payroll employment, earnings and hours worked in Canada. Seen as a decline by 1.8% are the figures for the total number of employees working on Payroll. On the other hand, the average weekly earnings rose to 2% to the figure of $1,139 in the month of May.
Courtesy: MBE Blog
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