Future of work
A curated resource of recent research on trends shaping Canada's labour market.
The COVID-19 virus will impact the world of work in terms of quantity of jobs, quality of work, and effects on vulnerable workers in the labour market. The ILO estimates a significant rise in unemployment and underemployment based on GDP growth in the wake of the virus. A decrease in wages and working hours and an increase in self-employment are also expected.
The ILO lays out several key policies to mitigate the impacts of COVID-19 on the world of work: 1) stimulate demand and protect workers and enterprises via a human-centred approach; 2) focus policy responses on health protection measures and economic support for both demand and supply; 3) monitor carefully for strong and sustained impacts, and for direct and indirect effects of all policy interventions; 4) build confidence through trust and dialogue; 5) protect workers in accordance with WHO recommendations; 6) stimulate the economy and labour demand through fiscal and monetary policies; 7) protect employment and incomes for enterprises and workers impacted by the indirect effects of COVID-19 such factory closures, disrupted supply chains, travel bans, cancellation of public events, etc.