Physical distancing in place at a South Surrey business. (Tracy Holmes photo)

More than 37,000 jobs lost in Surrey between February and July: board of trade

COVID-related impacts highlighted in new labour market intelligence report

A “first-of-its-kind” report from the Surrey Board of Trade shows thousands of jobs have been lost in Surrey during the COVID-19 pandemic.

Released Friday (Sept. 4), the Surrey Labour Market Intelligence Report includes COVID-related impacts.

READ ALSO: New B.C. jobs won’t be enough when CERB ends: economist, Sept. 4, 2020

“This report is the only one that provides the best available quantitative, qualitative and anecdotal information on implications for Surrey employers, workers and service providers,” said Anita Huberman, CEO, Surrey Board of Trade.

“This is important monthly information for businesses and our workforce to have to inform decision-making and planning on recovery and resilience. The Surrey Board of Trade is the only city-building business organization that offers this value to Surrey’s business community.”

According to the report, there has been a loss of more than 37,000 jobs between February and July, with youth, immigrants, people of colour and women “more adversely affected.”

While there were some “limited gains” – a total of 3,53 jobs – in several sectors, such as agriculture and natural resources, utilities and professional, scientific and technical services, “all other major industries have diminished in size to a varying degree.”

The hardest-hit industries, according to the report, include arts, culture and recreation; personal services, accommodation and food services; transportation; and warehousing and retail.

It adds that 29 per cent of small businesses were “making or exceeding their normal revenues levels” for this period in August 2020.

“As businesses and industry in Surrey shifts as a result of COVID-19, reskilling and upskilling for new products/services and positions will be required,” the report reads.

“The greatest obstacles related to re-opening businesses were voiced as the complexity of health & safety requirements, the difficulty of implementing re-opening requirements and the costs associated of implementation.”

Huberman added that the board’s “high-level perspective” is that B.C. is “well-positioned fiscally and economically to move through the pandemic.”

READ ALSO: Canada’s economic optimism crippled by pandemic, Pew poll suggests, Sept. 3, 2020

“Certainly, we have seen significant business closures and unemployment due to the pandemic, and this will continue in a very uncertain economic future. We still have a long way to go as we build a strong economic recovery.”

To read the full report, visit businessinsurrey.com.

BusinessCoronaviruslabour marketSurrey

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Telethon promotes Surrey Memorial Hospital COVID response funding

Entrepreneur Manjit Lit gifts Surrey Hospital Foundation, challenges others to join him

Stanley Cup win for Surrey-based NHL scout who coached in North Delta

Grant Armstrong is among 11 WHL alumni currently with Tampa Bay Lightning

Another death as COVID-19 outbreak at Delta Hospital climbs to 18 cases

Total of 12 patients and six staff in one unit have tested positive for COVID-19: Fraser Health

Peace Arch Elementary playground upgrade a go

White Rock Rotary fundraising contributes last piece for completing project

CRIME STOPPERS: ‘Most wanted’ for the week of Sept. 27

Crime Stoppers’ weekly list based on information provided by police investigators

105 new COVID-19 cases, 1 death as health officials urge B.C. to remember safety protocols

There are currently 1268 active cases, with 3,337 people under public health monitoring

U.S. Presidential Debate Takeaways: An acrid tone from the opening minute

Here are key takeaways from the first of three scheduled presidential debates before Election Day on Nov. 3

‘Alien invasion’: Strange webbing creeps in overnight in Agassiz,Harrison

Eerie webbing might be the result of a growth in moth population

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

B.C. nurses report rise in depression, anxiety, exhaustion due to pandemic

A new UBC study looks into how the COVID-19 response has impacted frontline nurses

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

National child-care plan could help Canada rebound from COVID-induced economic crisis: prof

A $2 billion investment this year could help parents during second wave of pandemic

Search suspended for Indigenous elder last seen mushroom picking in northwest B.C.

Mushroom picker Thomas (Tommy) Dennis has been missing since Sept. 16

16 MLAs retiring from B.C. politics add up to $20M in pensions: Taxpayers Federation

Taxpayers pay $4 for every dollar MLAs contribute to their pensions

Most Read