A new report from RBC finds that Canadian women continue to retreat from the workforce even as Canadian men more than make up for ground lost early in the pandemic.
Key Findings
- Between February and October, 20,600 Canadian women fell out of the labour force while nearly 68,000 men joined.
- Women in two key cohorts are exiting the labour force faster: women aged 20-24 and 35-39.
- Women are more exposed to hardest-hit industries and overrepresented in industries less conducive to working remotely.
- Women exiting the labour force face the risk of an erosion of skills which may further exacerbate the gender wage gap that existed prior to the pandemic.
Read the full report, including analysis of the reasons for this gender gap and what might be done about it, here.
