BULLETIN: Significant Decline in Construction Employment in New StatsCan Data | May 8th 2020
Statistics Canada released its April Labour Force Survey data today, with data showing steep declines in employment across the economy. After being spared from the full impact of the coronavirus economic disruption in the previous month, Ontario’s construction employment fell dramatically in April. Ontario’s economy as a whole has now lost over a million jobs since the disruption began, and its unemployment rate increased in April to double-digits.
Click here to see the OCS Economic Update bulletin with detailed analysis.
In case you missed it: Earlier this week, the OCS released Coronavirus Contractor Survey: Impacts and Actions, a new survey of 200 ICI contractors from across Ontario about the impact of the coronavirus pandemic. The survey provides insight on how the coronavirus pandemic has affected the industry. Worker safety tops list of concerns for contractors who are also facing significant stoppage of work and looming financial impacts.
Click here to see the full report.