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The Short-Term Effect of COVID-19 on Self-Employed Workers in Canada

Louis-Philippe Beland, Oluwatobi Fakorede and Derek Mikola

No 585, GLO Discussion Paper Series from Global Labor Organization (GLO)

Abstract: Using the Canadian Labour Force Survey, we document the short-term impact of COVID-19 on self-employed individuals in Canada, which we interpret as small business owners. We document an important decrease in business ownership between February 2020 and May 2020 (-14.8 percent for incorporated and -10.1 percent for unincorporated entities). We find a greater decrease in ownership and aggregate hours for women, immi- grants and less educated over the same period. The industries with the largest decrease are in art, culture, and recreation (-14.8 percent); in education, law and social, commu- nity and government services (-13.6 percent); and in sales and service occupations (-12.8 percent).

Keywords: COVID-19; Self-Employed workers; Entrepreneurship; Employment; Labour Force; Hours (search for similar items in EconPapers)
JEL-codes: I18 J21 J24 L26 (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-ent
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (27)

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https://www.econstor.eu/bitstream/10419/221749/1/GLO-DP-0585.pdf (application/pdf)

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Journal Article: Short-Term Effect of COVID-19 on Self-Employed Workers in Canada (2020) Downloads
Working Paper: The Short-Term Effect of COVID-19 on Self-Employed Workers in Canada (2020) Downloads
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