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Author: Herbert G. Grubel
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 88
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Author: Herbert G. Grubel
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 88
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Book Description
Author: Herbert G. Grubel
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 68
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Author: Riddell
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Ronald D. Kneebone
Publisher:
ISBN:
Category :
Languages : en
Pages : 6
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Book Description
Over the past two decades there has occurred a shift in economic power from central Canada to other parts of the country. Saskatchewan and Newfoundland and Labrador have both claimed a noticeably larger share of Canada's GDP since 1995 but easily the largest shift of economic output has been to Alberta. This adjustment in the Canadian economy is most easily observed in the large migration between provinces of Canadians seeking employment. Data from Statistics Canada's Labour Force Survey shows that over the period 1995-2014 Alberta has maintained an average annual rate of growth in employment of 2.50 per cent. This is well above the 1.44 percentage rate of employment growth in second-place Ontario and double the average rate of growth in neighbouring British Columbia. This begs the question: What would Canada's unemployment rate be today if Alberta's job creation boom hadn't happened? Since the national jobless rate is a weighted average of the provincial figures, getting an answer is straightforward. Assume Alberta's employment growth was no higher than Ontario's over the same period and the impact on Canada's unemployment rate is startling. By August 2014, Canada's unemployment would have been 9.39 per cent -- 2.23 percentage points higher than the real figure of 7.16 per cent -- and the Alberta economy would have created 411,000 fewer jobs; jobs which typically pay $200 to $300 per week more than jobs in Ontario and Quebec. This gloomy scenario means that Canada's present unemployment rate would be 2.5 percentage points higher than it was in mid-2000, and 411,000 Canadians, along with their dependents, would be clearly much worse off were it not for the boom in Alberta. Obviously this simple experiment can't capture the situation's full economic complexity. Would some of those jobs have cropped up in other provinces? Stubbornly lacklustre growth could very well have forced governments and the Bank of Canada to adopt desperate measures; it could also have damaged postrecession recovery by increasing the federal budget deficit and limiting the Bank's room to manoeuvre. While admittedly simple, this exercise highlights how reliant is Canada's international reputation for economic strength and fiscal parsimony on Alberta's prolonged economic boom.
Author: Economic Council of Canada
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 204
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The papers in this document are organized into three blocks, which address the weakening commitment to full employment in the period after World War II, the cyclical and structural components of unemployment, and the persistence of unemployment in the 1980s, respectively. It includes a description of the nature of the unemployment problem in Canada, and discusses some policy implications of the research.
Author: David Card
Publisher: University of Chicago Press
ISBN: 0226092895
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
This volume, the first in a new series by the National Bureau of Economic Research that compares labor markets in different countries, examines social and labor market policies in Canada and the United States during the 1980s. It shows that subtle differences in unemployment compensation, unionization, immigration policies, and income maintenance programs have significantly affected economic outcomes in the two countries. For example: -Canada's social safety net, more generous than the American one, produced markedly lower poverty rates in the 1980s. -Canada saw a smaller increase in earnings inequality than the United States did, in part because of the strength of Canadian unions, which have twice the participation that U.S. unions do. -Canada's unemployment figures were much higher than those in the United States, not because the Canadian economy failed to create jobs but because a higher percentage of nonworking time was reported as unemployment. These disparities have become noteworthy as policy makers cite the experiences of the other country to support or oppose particular initiatives.
Author: Stephen R.G. Jones
Publisher: McGill-Queen's Press - MQUP
ISBN: 0773565426
Category : Business & Economics
Languages : en
Pages : 183
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Book Description
The deep recession and slow recovery of the Canadian economy in the 1980s and the lengthy recession of the early 1990s raised serious questions about economic policy making. The steady worsening of Canadian unemployment rates led some economists to doubt the traditional view that the national economy is by nature self-correcting and to endorse the concept of hysteresis - the idea that the unemployment rate may display no tendency to return to an unchanging natural rate. Such hysteresis would have important and far-reaching implications for economic policy, particularly monetary policy. Jones provides an overview of leading theories of hysteresis and examines international and Canadian evidence from both microeconomic and macroeconomic perspectives. He extends the econometric analysis of hysteresis at both the micro and macro levels and concludes that while there is some evidence of dependence in Canada, the overall picture is not one of hysteresis.
Author: Thomas J. Courchene
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 136
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Book Description
Author: Stephen McBride
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
Some 300 alphabetical entries examine women of distinction in American theatre--actors, directors, designers, choreographers, playwrights, critics, agents, etc. The entries describe the women's professional contributions and provide biographical information and bibliographical materials. Two separate appendices contain listings by place of birth and by profession. Primarily a reference for college and university libraries. McBride argues that the return of high unemployment in Canada after decades of almost full employment can best be understood as the product of a political choice by policy makers--a choice linked to the preferences and growing power of Canadian business in the post-1975 period. Annotation copyrighted by Book News, Inc., Portland, OR
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Author: Osberg, Lars
Publisher:
ISBN: 9780660180601
Category : Structural unemployment
Languages : en
Pages : 31
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Book Description
