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Canadian youth, women hit hard by massive coronavirus-related job losses By Reuters

Trade News by Trade News
April 9, 2020
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Canadian youth, women hit hard by massive coronavirus-related job losses By Reuters
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© Reuters. A woman adjusts her mask while she waits in line as the city's public health unit holds a walk-in clinic testing for coronavirus disease (COVID-19) in Montreal© Reuters. A woman adjusts her mask while she waits in line as the city’s public health unit holds a walk-in clinic testing for coronavirus disease (COVID-19) in Montreal

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By Kelsey Johnson

OTTAWA (Reuters) – Canadian youth and women were particularly hard hit by record-breaking job losses in March, since they were more likely to work in sectors that closed down to prevent the spread of the coronavirus, analysts said on Thursday.

Canada lost more than 1 million jobs in March as officials temporarily shuttered non-essential businesses and ordered people to stay home as much as possible.

People aged between 15 and 24 were hit the most, with employment in that age group falling by 15.4%. This was tied almost entirely to cuts in part-time work, Statscan said.

As a result, the employment rate for youth fell to 49.1%, the lowest on record since 1976, when the agency adopted its current model for calculating…



Source investing.com

Tags: CanadiancoronavirusrelatedhardhitjoblossesmassiveReutersWomenYouth
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