According to Stats Canada’s May Labour Force Survey (LFS), Toronto CMA has now lost over 500 thousand jobs in the last three months since the COVID-19 pandemic was declared.
Toronto Job Market Begins Recovery
After two months of steep declines in total on-line job postings, data collected over the past two weeks suggest that there is reason to be cautiously optimistic about the Toronto job market.
Labour Market Update – Toronto
The latest Labour Force Survey (LFS) numbers are staggering but not as bad as economist’s have predicted. Employment losses related to COVID 19 and government-imposed business closures designed to slow it, cost Toronto Region over half a million jobs.