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Author: W. G. Picot Publisher: ISBN: Category : Employees Languages : en Pages : 60
Book Description
The paper assesses the labour market adjustment experiences of Canadian workers who were permanently laid off between 1981 and 1984. Such lay-offs could be due to structural or cyclical causes. Data from a special survey are used to answer a number of questions. What types of workers were most likely to experience job loss and in which industries or occupations did they work? What happened to these workers when their jobs were abolished? Did they adjust relatively quickly and successfully, finding new jobs in a short time at the same income level? Or did a significant number spend long periods seeking new jobs and undergo large pay cuts? How many turned to retraining or relocation in an attempt to find a new job? Were there major movements among industrial sectors in the process (say from manufacturing to services), and how did workers who made such a transition fare? Circumstances varied tremendously from one worker to another. Nearly one-quarter of the workers who found new jobs did so within three weeks, while 10% took more than one year. Of those finding new jobs, 55% found jobs paying higher wages, 45% took pay cuts in their new jobs. On the whole, however, these permanently laid off workers fared poorly compared to the rest of the labour force. Their unemployment rate in January, 1986 (the time of the survey) was 25%, more than double the national average. Even among workers with considerable experience in the lost job (3 years or more), the unemployment rate was 24%.
Author: W. G. Picot Publisher: ISBN: Category : Employees Languages : en Pages : 60
Book Description
The paper assesses the labour market adjustment experiences of Canadian workers who were permanently laid off between 1981 and 1984. Such lay-offs could be due to structural or cyclical causes. Data from a special survey are used to answer a number of questions. What types of workers were most likely to experience job loss and in which industries or occupations did they work? What happened to these workers when their jobs were abolished? Did they adjust relatively quickly and successfully, finding new jobs in a short time at the same income level? Or did a significant number spend long periods seeking new jobs and undergo large pay cuts? How many turned to retraining or relocation in an attempt to find a new job? Were there major movements among industrial sectors in the process (say from manufacturing to services), and how did workers who made such a transition fare? Circumstances varied tremendously from one worker to another. Nearly one-quarter of the workers who found new jobs did so within three weeks, while 10% took more than one year. Of those finding new jobs, 55% found jobs paying higher wages, 45% took pay cuts in their new jobs. On the whole, however, these permanently laid off workers fared poorly compared to the rest of the labour force. Their unemployment rate in January, 1986 (the time of the survey) was 25%, more than double the national average. Even among workers with considerable experience in the lost job (3 years or more), the unemployment rate was 24%.
Author: Laurence M. Ball Publisher: International Monetary Fund ISBN: 1455263389 Category : Business & Economics Languages : en Pages : 58
Book Description
This paper examines inflation dynamics in the United States since 1960, with a particular focus on the Great Recession. A puzzle emerges when Phillips curves estimated over 1960-2007 are ussed to predice inflation over 2008-2010: inflation should have fallen by more than it did. We resolve this puzzle with two modifications of the Phillips curve, both suggested by theories of costly price adjustment: we measure core inflation with the median CPI inflation rate, and we allow the slope of the Phillips curve to change with the level and vairance of inflation. We then examine the hypothesis of anchored inflation expectations. We find that expectations have been fully "shock-anchored" since the 1980s, while "level anchoring" has been gradual and partial, but significant. It is not clear whether expectations are sufficiently anchored to prevent deflation over the next few years. Finally, we show that the Great Recession provides fresh evidence against the New Keynesian Phillips curve with rational expectations.
Author: Melanie Courchene Publisher: Kingston, Ont. : Industrial Relations Centre, Queen's University ISBN: Category : Business & Economics Languages : en Pages : 76
Author: David Card Publisher: University of Chicago Press ISBN: 0226092895 Category : Business & Economics Languages : en Pages : 288
Book Description
This volume, the first in a new series by the National Bureau of Economic Research that compares labor markets in different countries, examines social and labor market policies in Canada and the United States during the 1980s. It shows that subtle differences in unemployment compensation, unionization, immigration policies, and income maintenance programs have significantly affected economic outcomes in the two countries. For example: -Canada's social safety net, more generous than the American one, produced markedly lower poverty rates in the 1980s. -Canada saw a smaller increase in earnings inequality than the United States did, in part because of the strength of Canadian unions, which have twice the participation that U.S. unions do. -Canada's unemployment figures were much higher than those in the United States, not because the Canadian economy failed to create jobs but because a higher percentage of nonworking time was reported as unemployment. These disparities have become noteworthy as policy makers cite the experiences of the other country to support or oppose particular initiatives.
Author: Wallace Clement Publisher: McGill-Queen's Press - MQUP ISBN: 077351502X Category : Canada Languages : en Pages : 418
Book Description
The new Canadian political economy has emerged from its infancy and is now regarded as a respected and innovative field of scholarship. Understanding Canada furthers this tradition by focusing on current issues in an accessible and informative way.
Author: Justin Healey Publisher: ISBN: 9781922274403 Category : Gig economy Languages : en Pages : 60
Book Description
As Australia’s economy recovers from the coronavirus pandemic, jobs growth is bouncing back in most sectors, in spite of disruptions from lockdowns and many workers being based at home. Meanwhile, the recent modest rise in the JobSeeker payment has been broadly criticised as insufficient to help recipients find work and keep up with the costs of living, entrenching financial stress and mental distress, and affecting motivation and skills. Of additional concern is the rate of underemployment, which has overtaken the jobless rate. Most new jobs being created are in part-time, casual or insecure gig work, affecting a higher proportion of young people. Is job insecurity now the norm for many Australians? This title explains the fundamentals around the measurement and types of unemployment and reveals who it most affects. It also examines the latest employment trends and impacts of casualisation on job security. Government policies and social sector strategies for tackling the economic and social consequences of unemployment and underemployment are also featured. Finding a job, and indeed enough employment, can be hard work in itself.
Author: Parvin Ghorayshi Publisher: Routledge ISBN: 1135938059 Category : Business & Economics Languages : en Pages : 176
Book Description
This reference volume reflects the changing world of work. It includes research on the various dimensions of work, such as the structure of the labour force, labour market segmentation, technology, employment/unemployment, trade unions, and industrial democracy. This book provides an integrated view of the various dimensions of work, its distinguishing characteristics and issues both peculiar, as well as common to industrialized countries. By adopting an interdisciplinary and interactional perspective, this volume provides the scholar and the lay reader with a range of approaches and debates that have made a significant contribution toward understanding the changing nature of work and its social impact.
Author: Various Publisher: Routledge ISBN: 1135963460 Category : Business & Economics Languages : en Pages : 9483
Book Description
Re-issuing volumes originally published between 1949 and 1995 this 31 volume set examines the theory and behaviour of organizations. Topics covered include: the sociology of work leadership and organizations politics at work theory and practice of company organization patterns of business organization company strategy and organizational design.
Author: W. G. Picot
Author: W. G. Picot
Author: Laurence M. Ball
Author: Melanie Courchene
Author: David Card
Author: Pradeep Kumar
Author: Wallace Clement
Author: Justin Healey
Author: Parvin Ghorayshi
Author: Carl Davidson
Author: Various