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The COVID-19 pandemic had a deep impact on the Canadian economy, leading it into a recession. The government's social distancing rules had the effect of limiting economic activity in the country. Companies started mass layoffs of workers, and Canada's unemployment rate was 13.5 percent in May 2020, the highest it has been since 1976. [1]
Work from home! Make money in your pajamas! Over a year into the pandemic, much of America's white-collar workforce that has been doing this long enough for it to feel normal may or may not still ...
Sep.20 -- Upwork President and CEO Hayden Brown joins Emily Chang to discuss how companies and freelancers alike continue to weigh the pros and cons of returning to the office and working remotely.
The remote work arrangement during COVID-19 was better for higher-paid and higher-management personnel in terms of productivity and reported well-being; whereas individuals at the bottom end of the earning spectrum experience reduced remuneration. [29] Utility bills also increased during the COVID-19 pandemic in an inconsistent manner.
Nearly half of the more than 2.3 million civilian federal workers were eligible for telework, and 10% were in remote positions with no expectation of in-person work, according to a 2024 Office of ...
Government funding, especially following the COVID-19 pandemic, often focused on addressing immediate economic concerns rather than productivity enhancement, particularly in sectors such as construction, retail, and hospitality in addressing housing and immigration-related challenges.
The COVID-19 outbreak facilitated an unprecedented reach for telehealth companies. The influx of new clientele has propelled companies such as Teladoc , which had capitalized on this market. Evidently, Teladoc's stock valuation in 2020 increased year to date by 168%, while the industry's second-largest company, Amwell , went public on September ...
The pandemic changed the way we think of the workplace—and Microsoft is betting it shows the potential for an even bigger change for workers: the widespread adoption of AI helpers.. The company ...