Basic labor market statistics
- Collect some basic labour market statistics from the most recent Labour Force Survey at https://www150.statcan.gc.ca/. Create a table using the structure below(I have created) and evaluate the recent labour market performance.
Title
March 2020 April 2020 Change
Population 31074000 31094700 20700
Labour Force 19725700 18603200 -1122500
Employment 18178700 16184900 -1993800
Full-time 15134800 13662800 -1472000
Part-time 3043900 2522000 -521900
Unemployment 1547000 2418300 871300
Unemployment Rate 7.8% 13% 5.2%
Participation rate 63.5% 59.8% -3.7%
Source: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410028701
- The unemployment rate in the United States is almost always lower than the Canadian unemployment rate. (To practice for exam questions and your term paper make sure you include the definition of the unemployment rate. In order to explain the statistical differences between the countries is helps to explain the unemployment rate.)
- The final question is to help you get used to researching topics on-line. We discussed several economic events in the 20th Century from a Canadian perspective. You must find a short article on one of these events. The choice of event is up to you. Provide a bibliographical reference and a two-sentence summary.(Please refer to the screenshot below for economic events, please select one of them)