{
  "title": "Labor Market Aspects of Industrial Restructuring in Canada",
  "publication": "IMF Working Papers, November 1, 1993",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2016/12/30/labor-market-aspects-of-industrial-restructuring-in-canada-1134",
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  "summary": "This note examines recent developments in the Canadian labor market to provide a partial assessment of the magnitude and nature of industrial restructuring in Canada. The implications of industrial restructuring for the medium- and long-term prospects for the Canadian economy are examined.",
  "sections": [
    {
      "heading": "Summary and scope",
      "content": "- Examines recent developments in the Canadian labor market to provide a partial assessment of the magnitude and nature of industrial restructuring in Canada.\n- Examines implications of industrial restructuring for the medium- and long-term prospects for the Canadian economy.\n- Central evidence-based conclusion: the recent increases in labor productivity may represent a cyclical phenomenon rather than a permanent increase in the rate of growth of productivity."
    },
    {
      "heading": "Substantive findings",
      "content": "- Recent increases in labor productivity in Canada are observed but the evidence presented in this note suggests these increases may be cyclical rather than permanent.\n- The note provides a partial assessment of the magnitude and nature of industrial restructuring, focusing on labor-market aspects."
    },
    {
      "heading": "Themes analyzed",
      "content": "- Labor market developments in Canada.\n- Industrial restructuring and its links to productivity changes.\n- Implications for medium- and long-term economic prospects, with attention to whether productivity gains are durable.\n\n---\n\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/labor-market-aspects-of-industrial-restructuring-in-canada-1134"
    }
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    "Authors: Eswar S Prasad",
    "Published: November 1, 1993",
    "Series: IMF Working Papers",
    "Examines recent developments in the Canadian labor market to provide a partial assessment of the magnitude and nature of industrial restructuring in Canada.",
    "Examines implications of industrial restructuring for the medium- and long-term prospects for the Canadian economy.",
    "Central evidence-based conclusion: the recent increases in labor productivity may represent a cyclical phenomenon rather than a permanent increase in the rate of growth of productivity.",
    "Recent increases in labor productivity in Canada are observed but the evidence presented in this note suggests these increases may be cyclical rather than permanent.",
    "The note provides a partial assessment of the magnitude and nature of industrial restructuring, focusing on labor-market aspects.",
    "Labor market developments in Canada.",
    "Industrial restructuring and its links to productivity changes.",
    "Implications for medium- and long-term economic prospects, with attention to whether productivity gains are durable."
  ],
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