Despite many economic indicators improving since the start of the recession, Canada has a significant long-term unemployment problem that is not improving.
Statistics Canada’s Table 282-0047 contains detailed monthly data on the number of Canadian unemployed for a specific period of time. While there have been improvements in some labour market indicators, the number of people who have been unemployed for over a year has remained frustratingly high since the end of the recession…
It contains data on the average number of weeks that an unemployed person stayed unemployed. This measure remains relatively unchanged since the recession.
Chosen excerpts by Job Market Monitor. Read the whole story at Unemployed? Get a job fast, or else. – Macleans.ca.
- Canada / Is the widespread assumption that Canada is suffering from a growing shortage of labour true?
- Job vacancies in Canada in January – 6.7 unemployed people for every job vacancy, compared with 6.4 one year earlier