The Performance of the 1990s Canadian Labour Market
AbstractThere is a general sense that the 1990s labour market was unique. It has been characterized by notions such as "downsizing," "technological revolution," "the knowledge-based economy," "rising job instability," and so on. This paper provides an extensive overview of the performance of the 1990s labour market, and asks just how different it was from the 1980s. It goes on to ask if the facts are consistent with many common beliefs and explanations. Macro-level topics include: 1.Has the nature of work changed dramatically in the 1990s? 2.Has there been a continued ratcheting up of unemployment? 3.Have we witnessed rising job instability and increased levels of layoffs? 4.Did company downsizing increase in the 1990s? 5.Why did per capita income growth stall in the 1990s? 6.For a worker with a given level of human capital, has there been a deterioration in labour market outcomes? The paper concludes with a discussion of the overall performance of the 1990s labour market as compared to the 1980s.
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Bibliographic InfoArticle provided by University of Toronto Press in its journal Canadian Public Policy.
Volume (Year): 26 (2000)
Issue (Month): s1 (July)
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Postal: University of Toronto Press Journals Division 5201 Dufferin Street Toronto, Ontario, Canada M3H 5T8
Web page: http://economics.ca/cpp/
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