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Labor Market Aspects of Industrial Restructuring in Canada
Author:
Mr. Eswar S Prasad
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Series:
IMF Working Papers
Volume/Issue:
Volume 1993: Issue 091
Language:
English
Publication Date:
01 Nov 1993
DOI:
https://doi.org/10.5089/9781451851465.001
ISBN:
9781451851465
ISSN:
1018-5941
Pages:
32
Keywords:
WP; recession; productivity level; aggregate unemployment rate; productivity sector; employment growth; productivity fluctuation; employment share; Employment; Productivity; Unemployment rate; Labor markets; North America
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 1993: Issue 091