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Shocking Aspects of Canadian Labor Markets Andrew Swiston

Shocking Aspects of Canadian Labor Markets

Andrew Swiston

Published March 1st 2006
ISBN : 9781283516983
ebook
30 pages
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 About the Book 

We analyze the flexibility of the Canadian labor market across provinces in both an interand intra-national context using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that CanadianMoreWe analyze the flexibility of the Canadian labor market across provinces in both an interand intra-national context using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that Canadian labor markets respond in a similar manner to their U.S. counterparts and are more flexible than those in major euro area countries. Within Canada, the results indicate that labor markets in Ontario and provinces further west are more flexible, particularly with regard to migration, while those further east are less so.