Canadian Labour Market Dynamics During Covid-19

55 Pages Posted: 2 Aug 2021 Last revised: 7 Aug 2021

See all articles by Stephen Robert Glenville Jones

Stephen Robert Glenville Jones

McMaster Economics

Fabian Lange

McGill University

W. Craig Riddell

University of British Columbia (UBC) - Department of Economics

Casey Warman

Dalhousie University

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Date Written: July 2021

Abstract

The Canadian labor market experienced a period of unprecedented turmoil following the onset of the COVID-19 pandemic. We analyze the main changes using standard labor force statistics and new data on job postings. Envisaging a phase of temporary severing of employment relationships followed by a phase of more standard labor market search and matching, we use stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labor market attachment in 2020 and, looking forward to 2021, signs of an unusual recovery with co-existing strong labor demand and stubborn persistence in depressed employment rates.

Suggested Citation

Jones, Stephen Robert Glenville and Lange, Fabian and Riddell, W. Craig and Warman, Casey, Canadian Labour Market Dynamics During Covid-19 (July 2021). NBER Working Paper No. w29098, Available at SSRN: https://ssrn.com/abstract=3897534

Stephen Robert Glenville Jones (Contact Author)

McMaster Economics ( email )

1280 Main Street West
Hamilton, Ontario L8S 4M4
Canada

Fabian Lange

McGill University ( email )

1001 Sherbrooke St. W
Montreal, Quebec H3A 1G5
Canada

W. Craig Riddell

University of British Columbia (UBC) - Department of Economics ( email )

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Vancouver, BC V6T 1Z1
Canada
604-822-2106 (Phone)

Casey Warman

Dalhousie University ( email )

Halifax, Nova Scotia B3H 3J5
Canada

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