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Ontario lost 355,000 jobs in 2020, marking single largest decline on record: FAO

Pic – Once Upon A City: Homeless battled unsafe shelters during the Great Depression

Ontario’s fiscal watchdog says the province lost more than 355,000 jobs last year because of the COVID-19 pandemic.

The Financial Accountability Officer says in a new report Thursday that the job losses represent the single largest annual decline on record.

The report says that in addition to job losses, more than 765,000 Ontario residents worked fewer hours because of the pandemic.

 

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