A Spotlight on the Labour Market: An Uneven Recovery

By Dawn Desjardins
Published November 18, 2020 | 7 min watch

In the second edition of The Economic Pulse, Dawn Desjardins, RBC’s Chief Deputy Economist takes a closer look at the fragmented recovery of the Canadian labour market and provides her outlook as Canada enters the second wave of the COVID-19 pandemic.


Key Takeaways:


The rebound in job creation continues, but unsurprisingly is uneven – the hospitality, retail, and travel industries, where social distancing is challenging, continue to experience job losses.


Specific groups of the population have experienced a slower labour market recovery – this includes lower wage workers, new graduates and women.


While the recovery of the US labour market continued into October - it was not a strong as the underlying economic recovery.

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Dawn Desjardins

Dawn Desjardins
Vice President, Deputy Chief Economist at RBC Royal Bank