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Canadian Labour Market Dynamics During COVID-19 / Stephen R.G. Jones, Fabian Lange, W. Craig Riddell, Casey Warman.

By: Contributor(s): Material type: TextTextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w29098.Publication details: Cambridge, Mass. National Bureau of Economic Research 2021.Description: 1 online resource: illustrations (black and white)Subject(s): Online resources: Available additional physical forms:
  • Hardcopy version available to institutional subscribers
Abstract: The Canadian labor market experienced a period of unprecedented turmoil following the onset of the COVID-19 pandemic. We analyze the main changes using standard labor force statistics and new data on job postings. Envisaging a phase of temporary severing of employment relationships followed by a phase of more standard labor market search and matching, we use stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labor market attachment in 2020 and, looking forward to 2021, signs of an unusual recovery with co-existing strong labor demand and stubborn persistence in depressed employment rates.
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July 2021.

The Canadian labor market experienced a period of unprecedented turmoil following the onset of the COVID-19 pandemic. We analyze the main changes using standard labor force statistics and new data on job postings. Envisaging a phase of temporary severing of employment relationships followed by a phase of more standard labor market search and matching, we use stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labor market attachment in 2020 and, looking forward to 2021, signs of an unusual recovery with co-existing strong labor demand and stubborn persistence in depressed employment rates.

Hardcopy version available to institutional subscribers

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