Job Market Monitor
Labour Force Survey
Temporary Resident and the Labour Force Survey in Canada – The growing underrepresentation of NPRs in the LFS highlights a fundamental limitation of the survey
Statistics Canada’s Labour Force Survey (LFS) underestimates the rapidly growing non-permanent resident (NPR) population. This undercount potentially distorts important economic indicators, such as nominal wage growth and unemployment rates, because NPRs disproportionately influence these measures as a growing share of new labour market entrants. To address this data gap, this E-Brief recommends revising the LFS … Continue reading
Canada – The Labour Force Survey can be kind of a mess
Part of the problem is shifting human behaviour: The Labour Force Survey relies on people voluntarily responding and telling strangers all about their work situation. And when was the last time you answered a call from a number you didn’t know? “People are less likely to take these surveys and answer the phone than they … Continue reading
Job Report in Canada , June 2015 – Employment was virtually unchanged in June (-6,400 or 0.0%)
Employment was virtually unchanged in June (-6,400 or 0.0%), as gains in full-time work were offset by losses in part time. The unemployment rate held steady at 6.8% for the fifth consecutive month. Following gains of 63,000 (+0.4%) in the first quarter of 2015, employment grew by 33,000 (+0.2%) in the second quarter. Full-time work increased by 143,000 in the second quarter, while part-time work … Continue reading
EU – Labor force projections up to 2053 by level of educational attainment
A significant amount of research has been published on the potential economic consequences of population aging in developed economies. One topic that has received repeated attention is the expected shrinkage in absolute and relative terms of the working population between the ages 15 and 65. Concurrently, the share of people above the age of 65 … Continue reading
Canada’s Labour Force Survey (LFS) – The 2015 revisions
The Labour Force Survey (LFS) provides estimates of employment and unemployment, which are among the most timely and important measures of performance of the Canadian economy. With the release of the survey results only 10 days after the completion of data collection, the LFS estimates are the first of the major monthly economic data series to be … Continue reading
Canada Job Report for August – Be very careful with the jobs numbers
Derek Holt, VP at Scotiank Economics, urged clients on Friday to approach Statistics Canada’s latest reading on the country’s labour market with caution, calling some details in the report “very fishy.” According to the agency, the Canadian economy unexpectedly lost 11,000 jobs in August from July, and the number of private-sector employees fell sharply. The … Continue reading
Canada Job Report for August 2014 – Employment increased by 81,000, mostly in part-time work the last 12 months
But economy shed 11,000 jobs last month… And take care about the way StatCan writes it! From the official press release Employment was little changed in August and the unemployment rate remained at 7.0%. Compared with 12 months earlier, employment increased by 81,000 (+0.5%), mostly in part-time work. Over the same period, the total number of hours worked was virtually unchanged… … Continue reading
(Update) Canada’s False Job Report – Caused by non-responses treatment
Here is StatCan official report: Review of the July 2014 Labour Force Survey release What happened? To implement the changes to the processing system, the team believed that they only needed to modify the derivation and weighting modules. What they did not realize was that the imputation module had a reference to the TABS file … Continue reading
Canada’s False Job Report – Caused by non-responses treatment
Statistics Canada’s investigation into the initial miscalculation of July’s jobs numbers found the issue was related to a major redesign of Canada’s Labour Force Survey, as well as employees’ “incomplete understanding” of processing systems… Statscan’s review of the issue reveals that the survey, which undergoes updates after every census, is in the midst of a … Continue reading
(Update) Canada, July 2014 Job Report – An error has been detected says StatCan
An error has been detected in the processing of the August 8 Labour Force Survey release. This error impacts only the July 2014 estimates. The source of the error has been identified and corrected estimates will be released on Friday, August 15, 2014. Statistics Canada takes this matter very seriously and is immediately launching a review of the data verification processes … Continue reading
Canada – Statcan job numbers: the measurements don’t even address the most interesting information says Don Drummond
Statistics Canada’s survey presents the number of jobs created or lost for the given month, as well as the unemployment rate. Don Drummond, an economist who wrote a report for the government five years ago on how to improve the country’s labour-market data, said the concerns over the Labour Force Survey lie in the limitations … Continue reading
March Job Report in Canada – Employment increased by 43,000 and UR at 6,9%
Employment increased by 43,000 in March, driven by gains among youths. The unemployment rate declined 0.1 percentage points to 6.9%. Overall employment growth in Canada has been subdued since August 2013. Compared with March 2013, the number of people working rose by 190,000. Over this 12-month period, employment and the number of hours worked grew at the same pace, that is 1.1%. Chart 1 Employment In … Continue reading
Canada Job Report / Employment rose by 29,000 in January
Employment rose by 29,000 in January, the result of an increase in full-time work. The unemployment rate declined 0.2 percentage points to 7.0%. Over the past 12 months, employment increased 0.8% or 146,000 and the number of hours worked rose 0.7%. During the same period, the employment rate fell 0.3 percentage points to 61.6% as employment grew at a slower pace than the population. Chart 1 Employment Employment increased in Prince … Continue reading
Job Report in Canada / StatsCan’s numbers questioned
Put the Department of Finance on the growing list of observers who are questioning the accuracy of Canada’s unemployment numbers. According to documents obtained by the Globe and Mail, the department has concluded that volatility in Canada’s jobs data is “well above” normal. “The volatility of employment growth as measured by the [Labour Force Survey] … Continue reading
Canada / Employment increased by 59,000 in August and the unemployment rate declined to 7.1%
Employment increased by 59,000 in August, mainly in part-time work, and the unemployment rate declined 0.1 percentage points to 7.1%. Over the six months to August, employment gains averaged 12,000 per month, lower than the average of 29,000 observed during the preceding six-month period. Since August 2012, employment has increased 1.4% (+246,000). At the same time, the number of hours worked has grown 1.3%. Chart 1 Employment Provincially, employment … Continue reading
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