Labor Market Aspects of Industrial Restructuring in Canada

November 1, 1993

Preview Citation

Format: Chicago

Eswar S Prasad. Labor Market Aspects of Industrial Restructuring in Canada, (USA: International Monetary Fund, 1993) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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

Publication Details

Pages:

32
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 1993/091
Stock No:

WPIEA0911993
ISBN:

9781451851465
ISSN:

1018-5941

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