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A major development in the Canadian labour market in the 1990s has been the decline in labour force participation. This issue of Canadian Business Economics consists of a symposium of articles that explore this issue. The idea for this symposium came out of a December 1997 workshop on labour...
Persistent link: https://www.econbiz.de/10005481872
Labour force participation rates vary greatly by age, with persons 55 and over having much lower participation rates than younger persons. Consequently, changes in the demographic composition of the population can exert a long-run effect on aggregate participation rates. In the third article of...
Persistent link: https://www.econbiz.de/10005481873
. As the U.S. economy enjoyed low unemployment in both 1989 and 1997, the rise in enrolment rates was related to structural …
Persistent link: https://www.econbiz.de/10005481874
Of the three major age groups, youth (aged 15-24), experienced the largest fall in labour force participation and accounted for the lion’s share of the aggregate decline. Consequently, an understanding of the factors behind this development is essential to an overall understanding of the fall...
Persistent link: https://www.econbiz.de/10005157596
The participation rate of women aged 25-64 rose greatly in the 1970s and 1980s, but has stagnated in the 1990s. In principle, this development could reflect either the poor growth performance of the economy this decade or the completion of the integration of women into the labour force. In the...
Persistent link: https://www.econbiz.de/10005650261
are an index of job availability (the Help-Wanted Index), the real wage, the real minimum wage, an index of unemployment …, policy changes in unemployment insurance and the minimum wage, and structural transformations. The explanatory power of the … the value of the non-accelerating inflation rate of unemployment (nairu), in a non-inflationary cyclical recovery, the …
Persistent link: https://www.econbiz.de/10005650262
income, population, labour force, employment, unemployment, output and productivity. The second section looks at the common … professional occupations; growing wage inequality; and the downward trend in the non-accelerating inflation rate of unemployment …. The third section examines divergent trends in the two labour markets, including the widening of the unemployment rate gap …
Persistent link: https://www.econbiz.de/10005650217
. However, since 1996 unemployment rate seasonality has increased. Seasonality ?both in employment and the unemployment rate ?is … seasonality was more than three times higher than that in the United States in 2003. However, unemployment rate seasonality was … perhaps surprisingly the same in the two countries. Relative to OECD countries, Canada has average unemployment rate …
Persistent link: https://www.econbiz.de/10005518939
This paper develops an Index of Economic Well-being (IEWB) for the United States, the United Kingdom, Canada, Australia, Germany, Norway and Sweden for the period 1980 to 2001 which recognizes four components: Current effective per capita consumption flows; Net societal accumulation of stocks of...
Persistent link: https://www.econbiz.de/10005481840
In this chapter, Lars Osberg and Andrew Sharpe provide an overview of trends in a number of dimensions of economic well-being (consumption flows, stocks of wealth, income equality, and economic security) from the lens of the Index of Economic Well-being, a new composite measure of economic...
Persistent link: https://www.econbiz.de/10005650207