Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/119769 
Year of Publication: 
2012
Series/Report no.: 
QSEP Research Report No. 450
Publisher: 
McMaster University, Research Institute for Quantitative Studies in Economics and Population (QSEP), Hamilton (Ontario)
Abstract: 
The paper considers age-sex patterns of fluctuation of employment, unemployment, labour force participation, hours worked per employee, and hours worked per capita. The patterns are extracted (by regression) from annual data for the period 1976-2011 and expressed in the form of group-to-aggregate elasticities. An additive relationship among the elasticities is noted and used to decompose the variation of per capita hours worked into source contributions. On that basis, participation and employee hours are found to be significant contributors generally over the working age range, but especially among young workers. The results suggest a considerable amount of "hidden" unemployment during cyclical downturns.
Subjects: 
cyclical labour force behaviour
age-sex unemployment and employment rates
hidden unemployment
JEL: 
J21
J20
Document Type: 
Working Paper

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