Labor Market Aspects of Industrial Restructuring in Canada
November 1, 1993
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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. The evidence presented in this note suggests that the recent increases in labor productivity may represent a cyclical phenomenon rather than a permanent increase in the rate of growth of productivity.
Subject: Employment, Labor, Labor markets, Production, Productivity, Unemployment rate
Keywords: aggregate unemployment rate, Employment, employment growth, employment share, Labor markets, North America, Productivity, productivity fluctuation, productivity level, productivity sector, recession, Unemployment rate, WP
Pages:
32
Volume:
1993
DOI:
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Issue:
091
Series:
Working Paper No. 1993/091
Stock No:
WPIEA0911993
ISBN:
9781451851465
ISSN:
1018-5941
