Team Fazi Real Estate

Because you count as 1

Tel: (778) 899-8829 |

Canada Has Recovered Two-Thirds Of Pandemic Job Losses

The August Labour Force Survey, released last Friday by Statistics Canada, reflects labour market conditions five months after the onset of the COVID-19 economic shutdown.


By mid-August, public health restrictions had substantially eased across the country and more businesses and workplaces had re-opened.



The great news is that 84% of the headline jobs gain in August was in full-time positions. This follows the surge in part-time jobs in July.



The number of Canadians working from home declined for the fourth consecutive month.



Employment Increased in Most Provinces in August--Led by Ontario and Quebec. Employment rose in most Western British Columbia reported the largest increase up 15,000.






Comments:
No comments

Post Your Comment:

CBC | Business News

02/00/2021
Desperate employers dangle signing bonuses to lure in workers
Edward Fitchett

While pandemic job losses linger in the economy, some companies are struggling to find employees. A review of popular job listing sites in Canada showed companies ranging from retailing giant Amazon to small, local enterprises are offering signing bonuses to lure workers to jobs like delivery drivers or hair stylists.

More...
Higher oil prices boost profits at Canadian energy companies after pandemic-era losses
Blood Tribe oil

After racking up debt in 2020, the Canadian oilpatch is enjoying a rebound so far this year as major oil producers are gushing profits as oil prices are near a seven-year high. This week, many energy companies based in Calgary unveiled their latest earnings reports and for the second straight quarter, the industry showed hefty profits.

More...
Business travel isn't expected to return to pre-pandemic levels anytime soon
Future of Business Travel

Business travel may be a long time coming back to pre-pandemic levels. That will hurt many bottom lines, particularly for airlines where business trips make up a significant part of industry profit.

More...
Here's what Canada's business leaders think about heading back to the office
COVID mask woman retail future fireandflower.com

After 500 days of working from home, CBC News reached out to dozens of business leaders across the country for their thoughts on the looming return to offices. Across the spectrum, one sentiment was echoed: Things definitely won't be going back to how they used to be.

More...
Canada's big wireless companies spend nearly $9B on new 5G spectrum
wireless cellphone iphone mask pandemic

The federal government raised $8.9 billion in a licence auction for a key band of 5G wireless spectrum in results announced after the close of markets Thursday.

More...
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.