Wage-Subsidy Program Extended In Face Of Staggering Job Losses

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Wage-subsidy program extended in face of staggering job losses cdnpoli

“Canadians should be confident that we will do whatever we can to ensure that their jobs are safe as we continue to fight the global COVID-19 outbreak,” a trio of federal cabinet ministers said in a joint statement this morning in response to the jobs report.

Vulnerable workers who tend to have part-time or temporary work, or in low-paying jobs have been particularly impacted with heavy job losses. Women have seen larger job losses overall, but the number of men out of work in April closed the gender gap in cumulative unemployment losses. “This, combined with the different industries in which men and women have lost their jobs — for example, more job losses among men have been in construction, and fewer have been in retail trade — signals that the challenges associated with recovering from the COVID-19 economic shutdown may be different for women and men,” the labour force survey says.

Hard-hit sectors at the outset include retail, hotels, restaurants and bars, which continued to see losses in April. The losses in the service sector continued in April, down 1.4 million or 9.6 per cent, Statistics Canada says.

 

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Emergency wage subsidy being extended beyond June: PM TrudeauPM Trudeau announced that the federal government is expanding the wage subsidy program past June. Trudeau urged business owners to apply and rehire workers in an effort to help kick-start the economy. Read more here: you have so much money ? I go look for job if I get enough customer's I close EL What about seniors? What possible incentive is there to go back to work, if you’re just going to keep throwing money at people to stay home? JustinTrudeau
Source: CTVNews - 🏆 1. / 99 Read more »

COVID-19 wage-subsidy program to be extended beyond June, Trudeau promisesAnnouncement comes as new report from Statistics Canada shows almost two million more Canadians have lost their jobs Where is cesb Soooo........ this is continuing past June? What is going with CPP.? Invested in China become be?
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