Cahier spécial : Measuring Labour Markets in Canada and the United States 2011 Edition
Measuring Labour Markets in Canada and the United States 2011 Edition
· This study measures the labour market performance of Canadian provinces and US states from 2006 to 2010 based on five equally weighted indicators: average total employment growth, average private-sector employment growth, average unemployment rates, average duration of unemployment, and average labour productivity.
· Alberta topped the rankings of Canadian provinces and US states with an overall score of 9.0 out of 10.
· Three other Canadian provinces are in the top 10: Saskatchewan (2nd overall, score of 8.4), Manitoba (4th, score of 7.2), and British Columbia (6th, score of 7.0).
· While Canada’s two largest provinces, Quebec (12th) and Ontario (16th) rank in the top 20, they continue to grapple with sluggish labour markets with overall scores of 5.8 and 5.5. Indeed, their rankings are more a reflection of poor labour market performance in the US than robust performance at home.
· The study also identifies four characteristics that affect labour market performance: public-sector employment, minimum wages, unionization,and labour relations laws.
Average GDP per worker
The ultimate goal of a well-functioning labour market is high and growing labour productivity,14 which in turn translates into higher wages and salaries for workers.
The final indicator of labour market performance measures the average total value of goods and services (GDP) per worker over the five-year period from 2005 to 2009.
Delaware ranked first out of the 60 jurisdictions with an average GDP per
worker totaling $174,362. The Western US states performed well on this indicator: five states (Alaska, Wyoming, California, Nevada, and Hawaii) ranked in the top 10. The bottom half of the rankings consisted largely of Midwestern and Southern states. Alberta was the top-ranked Canadian province at 11th place, with an average GDP per worker of $127,391. Newfoundland & Labrador and Saskatchewan were the only other Canadian provinces in the top half of the rankings, with an average GDP per worker of $120,175 and $111,988, respectively. Prince Edward Island ranked last among the 60 jurisdictions with a GDP per worker of $68,150, just over a half that of top-ranked province Alberta and less than half that of the top-ranked jurisdiction, Delaware. Troubling for Canadians, seven of the bottom 10 jurisdictions were Canadian provinces: Ontario, British Columbia, Manitoba, Quebec, New Brunswick, Nova Scotia, and Prince Edward Island.
Overall, US states out-performed Canadian provinces on labour productivity.
Tables des matières:
1) Measuring Labour Markets in Canada and the United States 2011 Edition
Source : Measuring Labour Markets in Canada and the United States 2011 Edition, by Amela Karabegović, Alex Gainer, and Niels Veldhui, Fraser Institute, September 2011
This entry was posted on mardi 13 septembre 2011 at 08:27 and is filed under Fraser, Liberté économique, Productivité. You can follow any responses to this entry through the RSS 2.0. You can leave a response.