(Photo by THE CANADIAN PRESS)

(Photo by THE CANADIAN PRESS)

March job losses just ‘a tiny snapshot’ of full impact of COVID-19: B.C. professor

Some sectors and demographics likely to be hardest hit

At least 132,000 people lost their jobs in B.C. last month, in what some are saying is just the first the blow to employment figures during the pandemic.

B.C.’s unemployment rate rose two per cent to 7.2 per cent, just behind the national rate of 7.8 per cent. Canada-wide, more than one million people lost their jobs in March.

“It’s not surprising but it certainly is alarming. What we’re seeing in only a tiny snapshot,” said Marjorie Griffin Cohen, professor emeritus of political science, gender and sexuality at Simon Fraser University.

Cohen said the March figures released Thursday (April 9) are already out of date, because many more layoffs and unemployment claims would have been been filed in April.

What both the B.C. and Canadian unemployment numbers hide, she said is that unemployment only measures people who are actively looking for work, versus the people who have given up looking for work amid the COVID-19 crisis.

The crisis has also led to bigger layoffs in sectors like the arts, hospitality and recreation, which employ more women, Cohen said.

“That accounts for what’s going on with women’s unemployment,” she added,.

According to Statistics Canada, 298,500 women aged 25 to 54 lost their jobs in Canada, totalling a five per cent drop. For men, that drop was two per cent, or 127,600 individuals. Overall, Cohen said the unemployment rate for men in Canada is 7.1 per cent, while it’s 8.7 per cent for women.

Many of the sectors that employ more women are also less likely to come roaring back, Cohen said. According to Restaurants Canada, 10 per cent of eateries have already closed for good.

“A lot of these service-oriented industries, restaurants, places [more] women tend to be employed… a lot of them will fold if this goes on for a long time,” she said.

“It will tend to be the areas where men are more employed, in the resources sector, that will improve.”

The other demographic at greater risk are minimum wage workers are part-time workers and young people.

“It’s really the low wage workers who are getting it this time… they are in areas that are usually paid poorly anyway,” she said, leading to less savings and less cushion to weather a financial crisis.

The benefits rolled out by the federal government will help, she said, even if ultimately it’s not enough.

“Not many people can live on $2,000 a month,” she said, especially in high cost of living places like Vancouver, Victoria or even Kelowna, especially if COVID-19 is around for the longterm.

“I think nobody is expecting anything approaching normalcy before the fall, if even then,” she said. “Unemployment’s going to grow a lot.”

The wage subsidy, which allows for some COVID-19 impacted companies to qualify up to 75 per cent of their employees’ salaries, could be lifeline, Cohen said.

“It will, particularly for small businesses… the 75 per cent subsidy for wages is enormous incentive to keep people on,” she said. “That may help, if the business can stay open.”

READ MORE: Canada lost 1,011,000 jobs in March, unemployment rate up to 7.8%

READ MORE: It could take 3 years for stock market to recover, says B.C. economist

READ MORE: 132,000 B.C. jobs lost just the start of COVID-19 impact, finance minister says


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Coronaviruseconomy

Just Posted

Mike Aldersey, the Port McNeill base manager for West Coast Helicopters has been awarded the prestigious Agar/Stringer Award by the Helicopter Association of Canada. (Submitted photo)
Vancouver Island pilot reaches lofty heights in the helicopter industry

Port McNeill-based Mike Aldersey wins 2o2o Agar/Stringer Award given out to select few Canadians

In this image from video, former first lady Michelle Obama speaks during the first night of the Democratic National Convention on Monday, Aug. 17, 2020. (Democratic National Convention via AP)
Ketkar: Breaking taboo and silence around miscarriages —need of the hour

Women need to be able to grieve openly without fear of being shamed

Victoria-based driving instructors are concerned for their own and the community’s safety with the continued number of residents from COVID hotspots in the Lower Mainland coming to the city to take their driving road tests. (Black Press Media file photo)
Students from COVID hotspots travel to Victoria for driving tests

Union leader calls on government to institute stronger travel ban

A couple wants the Regional District of Nanaimo to deal with roaming cats that are causing damage to gardens and killing wildlife. (Submitted Photo)
Roaming cats pose problem for Parksville Qualicum Beach area couple

Residents upset with felines damaging gardens, want RDN to take action

Parksville Golden Oldies Sports Association’s popular walking soccer league was one of several sports programs and activities that were cancelled following provincial health officer Dr. Bonnie Henry’s latest announcement to ban indoor adult team sports. (PQB News file photo)
Adult sports shutdown ‘tough pill to swallow’ for some Vancouver Islanders

Adult recreation adjusting to new provincial COVID-19 orders

Unofficial holidays: Here’s what people are celebrating for the week of Dec. 6 to 12

Mountain Day, Dewey Decimal System Day and Lard Day are all coming up this week

Mandy Farmer, CEO of Accent Inns and Hotel Zed, was given the RBC Canadian Women Entrepreneur Excellence Award on Wednesday evening. (Provided by Deepa Pillay)
Accent Inns, Hotel Zed CEO earns prestigious award

Mandy Farmer wins RBC Canadian Women Entrepreneur Excellence Award

Athletes with Fairway Gorge Paddling Club’s open men’s staff head out on a high-tech outrigger canoe. The club raised more than $16,500 at its 2020 Wetdasche event. (Courtesy of Fairway Gorge Paddling Club)
Victoria paddling group breaks fundraising record

Fairway Gorge Paddling Club’s 2020 Wetdashe event raises more than $16,500

Saanich golfer and top B.C. junior and juvenile player Willy Bishop was named to the 2021 Canadian National Junior Golf Squad on Nov. 19. (Photo courtesy Jenny Bishop)
Saanich student to tee-off with national golf team

Willy Bishop, 16, named to Canadian National Junior Golf Squad in 2021

Blue Bridge Theatre
Stratford star teams up with Blue Bridge Theatre for a Victoria Christmas Carol

Veteran Canadian actor Sanjay Talwar offers a new take on a perennial favourite

Demonstrators, organized by the Public Fishery Alliance, outside the downtown Vancouver offices of Fisheries and Oceans Canada July 6 demand the marking of all hatchery chinook to allow for a sustainable public fishery while wild stocks recover. (Public Fishery Alliance Facebook photo)
Angry B.C. anglers see petition tabled in House of Commons

Salmon fishers demand better access to the healthy stocks in the public fishery

(Hotel Zed/Flytographer)
B.C. hotel grants couple 18 years of free stays after making baby on Valentines Day

Hotel Zed has announced a Kelowna couple has received free Valentines Day stays for next 18 years

Farmers raise slogans during a protest on a highway at the Delhi-Haryana state border, India, Thursday, Dec. 3, 2020. Prime Minister Justin Trudeau rejected the diplomatic scolding Canada’s envoy to India received on Friday for his recent comments in support of protesting Indian farmers. Tens of thousands of farmers have descended upon the borders of New Delhi to protest new farming laws that they say will open them to corporate exploitation. THE CANADIAN PRESS/AP-Manish Swarup
Trudeau brushes off India’s criticism for standing with farmers in anti-Modi protests

The High Commission of India in Ottawa had no comment when contacted Friday

Montreal Alouettes’ Michael Sam is set to make his pro football debut as he warms up before the first half of a CFL game against the Ottawa Redblacks in Ottawa on Friday, Aug. 7, 2015. Sam became the first publicly gay player to be drafted in the NFL. He signed with the Montreal Alouettes after being released by St. Louis, but abruptly left after playing one game. THE CANADIAN PRESS/Justin Tang
Study finds Canada a ‘laggard’ on homophobia in sports

Among females, 44 per cent of Canadians who’ve come out to teammates reported being victimized

Most Read