Keyword search
Results
All (3)
All (3) ((3 results))
- 1. Unemployment in the Stock and Flow ArchivedArticles and reports: 11F0019M1997097Geography: CanadaDescription:
A framework for the dynamic analysis of unemployment is presented, and applied to Canadian and U.S. data. The focus of the analysis is upon the distinctionbetween being unemployed and becoming unemployed, that is, between the stock and the flow of unemployment. The share of a particular group in the stock ofunemployed will differ from its share in the flow into unemployment to the extent that the average duration of unemployment for the group differs from the economywide average. An analysis of Canadian and U.S. data leads to a series of stylized facts that permit a deeper understanding of unemployment in the two countries, andof the differences between them. Significant differences in the average duration of unemployment imply that stock shares are not good indicators of flow shares,changes in the stock share of some groups are due to changes in the flow share, while for others they are due to changes in the length of unemployment spells.Explanations of the Canada - U.S. unemployment rate gap should try to accommodate at least three facts uncovered by the analysis: (1) that employer initiatedpermanent separations are the primary means of entry into unemployment in Canada, while labour force entry plays a more important role in the US; (2)unemployment spells are significantly longer in Canada than in the U.S. because of longer spells for most groups regardless of reason for unemployment, not becauseof a compositional difference in the make up of the unemployed; and (3) that longer spell duration and a higher incidence of unemployment contribute about equallyto the trend increase in the Canada - U.S. unemployment differential during the 1980s.
Release date: 1996-09-30 - Articles and reports: 11F0019M1996096Geography: CanadaDescription:
Canadians are increasingly concerned about rising job instability. Job instability can take various forms and can be measured in numerous ways. As part of a comprehensive research effort to examine job instability, this paper uses the Longitudinal Worker File (LWF) on the separations of Canadian workers from 1978 to 1993 to assess one dimension of job instability - permanent layoffs. The key question addressed in the paper is "have permanent layoffs in Canada increased in the 1980s and early 1990s as compared to the late 1970s?". We examine the time trend of permanent layoffs first by looking at the permanent layoff rate, and then by logistic regressions to predict the probability of permanent layoffs. The analysis is undertaken for all workers as well as for particular sub-groups.
Created by many complex processes, permanent layoffs are an on-going feature of our economy and not as cyclically sensitive as quits and other means of workforce adjustments used by firms (i.e., temporary layoffs and hirings). Every year, over a million workers are permanently displaced from their jobs, no matter whether in recessions, recovery or expansionary periods. This is as true in the 1980s and early 1990s as in the late 1970s.
Permanent layoffs to 1993 have shown no overall sign of an upward trend when compared to earlier years which are comparable in the business cycle. This holds true whether using the raw data or after controlling for changes in the composition of the workforce by gender, age, province, industry and firm size. However, an increase in the probability of permanent layoffs is observed among some particular groups of workers, notably older or higher paid workers, those in the primary sector or in health, education and welfare services. We will have to wait for more recent data to evaluate trends beyond 1993.
The data further show that the Canadian labour market adjusts to structural changes more through depressed hirings than increased layoffs. While the risk of permanently losing one's job, to 1993 at leasts, is no higher than in earlier comparable periods, the chance of finding a new job is considerably lower, at least in the aggregate. Furthermore, most job creation in the 1990s has been self-employment, where earning may be more unstable than among paid jobs.
Release date: 1996-08-06 - 3. Pension fact or fiction? ArchivedArticles and reports: 75-001-X19960022888Geography: CanadaDescription:
This article challenges the notion that defined benefit registered pension plans have been abandoned in great numbers. It also examines why this perception has arisen and to what extent recent conversions to group RRSPs have contributed to this idea.
Release date: 1996-06-05
Data (0)
Data (0) (0 results)
No content available at this time.
Analysis (3)
Analysis (3) ((3 results))
- 1. Unemployment in the Stock and Flow ArchivedArticles and reports: 11F0019M1997097Geography: CanadaDescription:
A framework for the dynamic analysis of unemployment is presented, and applied to Canadian and U.S. data. The focus of the analysis is upon the distinctionbetween being unemployed and becoming unemployed, that is, between the stock and the flow of unemployment. The share of a particular group in the stock ofunemployed will differ from its share in the flow into unemployment to the extent that the average duration of unemployment for the group differs from the economywide average. An analysis of Canadian and U.S. data leads to a series of stylized facts that permit a deeper understanding of unemployment in the two countries, andof the differences between them. Significant differences in the average duration of unemployment imply that stock shares are not good indicators of flow shares,changes in the stock share of some groups are due to changes in the flow share, while for others they are due to changes in the length of unemployment spells.Explanations of the Canada - U.S. unemployment rate gap should try to accommodate at least three facts uncovered by the analysis: (1) that employer initiatedpermanent separations are the primary means of entry into unemployment in Canada, while labour force entry plays a more important role in the US; (2)unemployment spells are significantly longer in Canada than in the U.S. because of longer spells for most groups regardless of reason for unemployment, not becauseof a compositional difference in the make up of the unemployed; and (3) that longer spell duration and a higher incidence of unemployment contribute about equallyto the trend increase in the Canada - U.S. unemployment differential during the 1980s.
Release date: 1996-09-30 - Articles and reports: 11F0019M1996096Geography: CanadaDescription:
Canadians are increasingly concerned about rising job instability. Job instability can take various forms and can be measured in numerous ways. As part of a comprehensive research effort to examine job instability, this paper uses the Longitudinal Worker File (LWF) on the separations of Canadian workers from 1978 to 1993 to assess one dimension of job instability - permanent layoffs. The key question addressed in the paper is "have permanent layoffs in Canada increased in the 1980s and early 1990s as compared to the late 1970s?". We examine the time trend of permanent layoffs first by looking at the permanent layoff rate, and then by logistic regressions to predict the probability of permanent layoffs. The analysis is undertaken for all workers as well as for particular sub-groups.
Created by many complex processes, permanent layoffs are an on-going feature of our economy and not as cyclically sensitive as quits and other means of workforce adjustments used by firms (i.e., temporary layoffs and hirings). Every year, over a million workers are permanently displaced from their jobs, no matter whether in recessions, recovery or expansionary periods. This is as true in the 1980s and early 1990s as in the late 1970s.
Permanent layoffs to 1993 have shown no overall sign of an upward trend when compared to earlier years which are comparable in the business cycle. This holds true whether using the raw data or after controlling for changes in the composition of the workforce by gender, age, province, industry and firm size. However, an increase in the probability of permanent layoffs is observed among some particular groups of workers, notably older or higher paid workers, those in the primary sector or in health, education and welfare services. We will have to wait for more recent data to evaluate trends beyond 1993.
The data further show that the Canadian labour market adjusts to structural changes more through depressed hirings than increased layoffs. While the risk of permanently losing one's job, to 1993 at leasts, is no higher than in earlier comparable periods, the chance of finding a new job is considerably lower, at least in the aggregate. Furthermore, most job creation in the 1990s has been self-employment, where earning may be more unstable than among paid jobs.
Release date: 1996-08-06 - 3. Pension fact or fiction? ArchivedArticles and reports: 75-001-X19960022888Geography: CanadaDescription:
This article challenges the notion that defined benefit registered pension plans have been abandoned in great numbers. It also examines why this perception has arisen and to what extent recent conversions to group RRSPs have contributed to this idea.
Release date: 1996-06-05
Reference (0)
Reference (0) (0 results)
No content available at this time.
- Date modified: