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COMMENTARY: With COVID-19 and rising unemployment, Canada could use a ‘new deal’ jobs program

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The federal government announced Wednesday that because of the alarming economic consequences of the coronavirus pandemic, university and college students and others under the age of 25 years would be eligible for a 100 per cent subsidy if hired through the Canada Summer Jobs Programme.

Data published by Statscan on Thursday confirms what has been out there anecdotally since the economy went into a deep nosedive in March.

Young people have borne the brunt of the coronavirus-related job cuts so far. The number of employed people aged 15 to 24 dropped by 392,500 and the youth unemployment rate soared to 16.8 per cent or the highest it has been this century.

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The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
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