Millions Of Canadians Were Laid Off In March & Even The Healthcare Sector Was Hit Hard
Food & accommodations also took a big hit.
That pandemic is impacting so many Canadians in so many different lines of work. New data is showing just how much of an effect the virus is having on our country. COVID-19 job losses in Canada were in the millions during March and even the healthcare sector was hit hard by layoffs.
Statistics Canada released new data of April 29 on the business conditions across the country as a result of the pandemic.
Based on a survey of more than 12,6000 businesses, the data shows how COVID-19 is affecting them and how operations have changed whether it be lost revenue or layoffs.
When it comes to a decline in revenue, over half of the businesses reported one of 20% or more.
In terms of layoffs, different sectors saw different impacts.
69% of businesses in the accommodation and food services sector reported staff layoffs and had to lay off 80% or more of their workforce in March.
For the healthcare and social assistance sector, it was 64.2% of businesses and for the arts, entertainment and recreation sector it was 61.7%.
Those are the three highest impacted sectors but they don't report what kinds of jobs were lost.
The Canadian Chamber of Commerce's chief economist Trevin Stratton told The Canadian Press that "the next two to six weeks are going to be crucial" for businesses.
Based on the survey data, 45.2% of businesses in all sectors reported staff layoffs and had to lay off 80% or more of their workforce.
In March, 1.3 million Canadians were away from work because of COVID-19 and an additional 2.1 million people worked reduced hours, according to the Labour Force Survey from that month.
To try and help out of work Canadians, the federal government introduced thethat people can get for 16 weeks.
"Every region, every province, every territory is facing a very different situation right now with different industries, different-sized cities, and different spread of COVID-19," said Prime Minister Justin Trudeau during his daily press conference on April 29.
More than half of businesses in Alberta, Ontario, B.C., Newfoundland & Labrador and Saskatchewan said there were declines in revenue of 20% or more.
On the other hand, almost one-third of businesses in P.E.I., New Brunswick and all the territories reported no change or even an increase in revenue.
As a result of COVID-19 and its impact on business, somein Canada have .