Hires and Layoffs

Canada – Layoff rates vary across economic regions to a greater extent than hiring rates

Regardless of general economic conditions, a large volume of worker reallocation across employers takes place each year. For instance, even though the number of employees aged 18 to 64 remained virtually unchanged at 13.2 million from January 2009 to January 2010, 2.4 million individuals were hired in 2009 (Table 1).  During that year, 0.9 million … Continue reading →