Perspectives on Labour and Income, Summer 2012 print edition

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The Summer 2012 print edition of Perspectives on Labour and Income, released today, includes four articles previously released in the online edition.

"Household debt in Canada" uses data from the 2009 Canadian Financial Capability Survey to study several aspects of household debt. It examines the characteristics of borrowers and the types of households that are more likely to carry debt. The paper also looks at the association between financial knowledge and the amount of debt held, using multivariate techniques.

"Labour Force Survey: 2011 year-end review" provides an overview of labour market trends in 2011, focusing on changes between December 2010 and December 2011.

"Job-related training of older workers" investigates job-related training of Canadian employees aged 55 to 64. Using the Access and Support to Education and Training Survey and several cycles of the Adult Education and Training Survey, it compares the training of older and core-age workers and tracks changes in the incidence and correlates of training over time.

In "Youth neither enrolled nor employed," the NEET indicator—the proportion of youth aged 15 to 29 who are neither in education nor employment—is regularly published by the Organisation for Economic Co-operation and Development to document aspects of the transition into adulthood. The indicator emerged in the United Kingdom in the 1990s in response to concerns about the social exclusion of disadvantaged youth. This paper examines trends in Canadian NEET rates as well as the characteristics and activities of NEET youth.

This edition also features a yearly update on work absences as well at the "What's New?" section, which highlights recent studies of interest from Statistics Canada and other organizations.