Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/245639 
Year of Publication: 
2021
Series/Report no.: 
IZA Discussion Papers No. 14588
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
The Canadian labour market experienced a period of unprecedented turmoil following the onset of the COVID-19 pandemic. We analyze the main changes using standard labour force statistics and new data on job postings. Envisaging a phase of temporary severing of employment relationships followed by a phase of more standard labour market search and matching, we use stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market attachment in 2020 and, looking forward to 2021, signs of an unusual recovery with co-existing strong labour demand and stubborn persistence in depressed employment rates.
Subjects: 
COVID-19
coronavirus
job loss
unemployment
employment
transition rates
JEL: 
E24
J21
J31
Document Type: 
Working Paper

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