|Statement||by Kathleen Day.|
|Series||Technical report / Bank of Canada -- no.51|
|The Physical Object|
|Pagination||ii, 66p. ;|
|Number of Pages||66|
Because the process of interprovincial labour migration is an important interregional adjustment mechanism, a better understanding of it can help us to understand the causes of regional disparities in incomes and unemployment rates. This thesis focuses on two issues involving interprovincial migration in Canada: the effect of government policies on migration, or fiscally-induced migration; and. levels. While high-skill workers face very similar unemployment rates across the country, low-skill workers face both large disparities in unemployment rates across provinces and much higher unemployment than their highskill counterparts. Hence, there appears to be little- regional convergence in unemployment except for the most skilled. The empirical evidence indicates that the relationship between regional wages (nominal or real) and the local unemployment rate is much more complex than implied by the wage curve. View Show abstract. In this report the author considers three issues relating to regional disparities in Canada. First, the size of regional disparities in unemployment and wage rates is examined together with the patterns in these disparities over time. Next, various theories related to the causes of regional disparities are reviewed, focussing on their.
e-books and guides. Regional disparity in Canada among widest that the difference between Alberta's low jobless rate and the high unemployment in Nunavut was a full percentage points. If any discrepancies are found, regional rates of unemployment for the Employment Insurance program produced and published by Statistics Canada take precedent. Return to Footnote 3 referrer. Footnote 4. The monthly regional unemployment rates for EI purposes (except for the territories) are seasonally adjusted 3-month-moving averages. A snapshot of Canada’s unemployment picture in revealed the rate was below the OECD average of eight per cent. Nunavut had the highest rate, at per cent. The unemployment rate in Canada fell to percent in October of from percent in the previous month and compared to market expectations of percent. The jobless rate fell for the fifth successive month, down from an all-time high of % reached in May as a result of the COVID economic shutdown, but still remaining well above % reported in February.
Canada's gender pay disparity is larger than the Organization for Economic Co-operation and Development average. Canada has also tumbled . Unemployment, median wages, day speed of service trades tables. Unemployment rates by economic region. Note: Due to the serious economic impacts resulting from Covid, all economic regions in Canada are now considered to have unemployment rates of at least 6% or above. Results indicate that unemployment insurance generosity and relative minimum wages play an important role in determining natural unemployment rates in Canadian provinces. One of the enduring characteristics of the Canadian labour market has been substantial and peresistent unemployment rate disparities across provinces. Differences in Labor Market Performance: An Overview. For most transition countries, the unemployment rate in the highest-unemployment NUTS2 region exceeds that in the lowest by 10 to 20 percentage points. 19 The picture is similar for participation rates as well as the incidence of long-term unemployment. Although such differences are not out of line with the experience of EU–15 countries.