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- Articles and reports: 11-626-X2014033Geography: CanadaDescription:
This article in the Economic Insights series discusses a number of questions that are relevant to the interpretation and analysis of the monthly estimates of net employment growth that are published using data from the Labour Force Survey (LFS). Intended as a reference document for users of the LFS data, it examines the volatility and precision associated with these estimates.
Release date: 2014-03-13 - 2. Wages, Youth Employment, and School Enrollment: Recent Evidence from Increases in World Oil Prices ArchivedArticles and reports: 11F0019M2014353Geography: CanadaDescription:
Canada's oil reserves are concentrated in three Canadian provinces: Alberta, Saskatchewan, and Newfoundland and Labrador. Oil prices received by Canadian oil producers more than doubled between 2001 and 2008. The proportion of young men employed in the oil industry differs markedly across provinces and education levels. Taken together, these facts suggest that the increases in world oil prices observed between 2001 and 2008 may have induced cross-educational and cross-provincial variation in labour demand and male wage growth in Canada. Using data from the Canadian Labour Force Survey, this study exploits this variation in wage growth in order to estimate the elasticity of young men's labour market participation and school enrollment with respect to wages.
Release date: 2014-01-13
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- Articles and reports: 11-626-X2014033Geography: CanadaDescription:
This article in the Economic Insights series discusses a number of questions that are relevant to the interpretation and analysis of the monthly estimates of net employment growth that are published using data from the Labour Force Survey (LFS). Intended as a reference document for users of the LFS data, it examines the volatility and precision associated with these estimates.
Release date: 2014-03-13 - 2. Wages, Youth Employment, and School Enrollment: Recent Evidence from Increases in World Oil Prices ArchivedArticles and reports: 11F0019M2014353Geography: CanadaDescription:
Canada's oil reserves are concentrated in three Canadian provinces: Alberta, Saskatchewan, and Newfoundland and Labrador. Oil prices received by Canadian oil producers more than doubled between 2001 and 2008. The proportion of young men employed in the oil industry differs markedly across provinces and education levels. Taken together, these facts suggest that the increases in world oil prices observed between 2001 and 2008 may have induced cross-educational and cross-provincial variation in labour demand and male wage growth in Canada. Using data from the Canadian Labour Force Survey, this study exploits this variation in wage growth in order to estimate the elasticity of young men's labour market participation and school enrollment with respect to wages.
Release date: 2014-01-13
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