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The COVID-19 Era—Influencers of Uneven Sector Performance: A Canadian Perspective

Author

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  • Vikkram Singh

    (Department of Global Management, Ted Rogers School of Management, Ryerson University, Toronto, ON M58 2K3, Canada)

  • Homayoun Shirazi

    (Department of Economics, Ryerson University, Toronto, ON M58 2K3, Canada)

  • Jessica Turetken

    (Ted Rogers School of Management, Ryerson University, Toronto, ON M58 2K3, Canada)

Abstract

The study estimates the impact of COVID-19 on the labour market outcomes of major industrial sectors in Toronto, the largest urban centre in Canada. Using various economic data, we classify the sectors as distressed, stable, and those requiring ongoing monitoring. Furthermore, we estimate the expected impact of the pandemic shock using the Impulse Response Function (IRF) method. The results show an uneven impact of the pandemic with adverse outcomes for low-paying front-facing sectors, such as accommodation & food services and manufacturing. The post-pandemic projections show lingering negative implications for various sectors. The insights are helpful for policy recommendations, such as targeted responses to address the declines and structural changes in these sectors because of increasing technology adoption and the resulting labour market challenges.

Suggested Citation

  • Vikkram Singh & Homayoun Shirazi & Jessica Turetken, 2022. "The COVID-19 Era—Influencers of Uneven Sector Performance: A Canadian Perspective," Economies, MDPI, vol. 10(2), pages 1-24, February.
    • Handle: RePEc:gam:jecomi:v:10:y:2022:i:2:p:40-:d:740645
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    References listed on IDEAS

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    Cited by:

    1. Singh, Vikkram & Shirazi, Homayoun & Turetken, Jessica, 2022. "COVID-19 and gender disparities: Labour market outcomes," Research in Economics, Elsevier, vol. 76(3), pages 206-217.

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