Journal of Labor Economics Vol. 37 No. S2 2019
Long Time Out: Unemployment and Joblessness in Canada and the United States
Abstract
We compare patterns of unemployment between Canada and the United States during the Great Recession. We document a rise in long-term unemployment in Canada, similar to findings in earlier work. We consider an extended matching model using restricted-access data from the Canadian Labour Force Survey, which contains information on time since last job for both unemployed and nonparticipants. We create a new historical vacancy series for Canada based on relative employment in “recruiting industries” to construct a monthly Beveridge curve for Canada. Allowing for duration dependence in flows between unemployment and nonparticipation is crucial for explaining long-term joblessness.
- DOI
- 10.1086/703258
- Volume
- 37
- Issue
- S2
- Pages
- S355-S397
- Language
- en
- Sources
- openalex crossref