## Labor Market Aspects of Industrial Restructuring in Canada

_IMF Working Papers, November 1, 1993_

## Source details

**Canonical URL:** [Labor Market Aspects of Industrial Restructuring in Canada](https://www.imf.org/en/publications/wp/issues/2016/12/30/labor-market-aspects-of-industrial-restructuring-in-canada-1134)

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## Bibliographic details
- Authors: Eswar S Prasad
- Published: November 1, 1993
- Series: IMF Working Papers

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### Summary and scope
- 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.

### Substantive findings
- 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.

### Themes analyzed
- 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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_Source: https://www.imf.org/en/publications/wp/issues/2016/12/30/labor-market-aspects-of-industrial-restructuring-in-canada-1134_
