Labor Market Aspects of Industrial Restructuring in Canada
32 Pages Posted: 15 Feb 2006
Date Written: November 1993
This note examines recent developments in the Canadian labor market to provide a partial assessment of the magnitude and nature of industrial restructuring in Canada. The implications of industrial restructuring for the medium- and long-term prospects for the Canadian economy are examined. The evidence presented in this note suggests that the recent increases in labor productivity may represent a cyclical phenomenon rather than a permanent increase in the rate of growth of productivity.
JEL Classification: J20, E24, E32
Suggested Citation: Suggested Citation