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.@StatCan_eng senior researcher René Morissette has written two very interesting papers on jobs, wages, and work-related benefits, offering insights and a backdrop that will inform our understanding of post #COVID19 jobs.

Get the summary here:
www150.statcan.gc.ca/n1/daily-quoti…

#cdnecon
Whether #COVID19 job losses are temporary or permanent will be very important for the economic fallout of the pandemic.
@StatCan_eng finds:

"at least one-half of long tenure displaced men and women aged 25 to 54 saw their real earnings decline by at least 10% from the year before job loss to five years after job loss."

www150.statcan.gc.ca/n1/daily-quoti…

#cdnecon
This informative @StatCan_eng research by René Morissette is jointly released by @IRPP

on-irpp.org/2YZxJhx

#cdnecon
.@StatCan_eng @irpp study shows steady declines in unionization, particularly among men, falls in pension coverage, and limited wage growth for the typical worker (though better for women).
www150.statcan.gc.ca/n1/daily-quoti…

#cdnecon
.@StatCan_eng reports that in 2019 the typical women working full-time earned an hourly wage of $24, just a bit below the hourly wage that a typical man made in 1981.

www150.statcan.gc.ca/n1/daily-quoti…

#cdnecon
that would be the second to last column in the screenshot, the last column being the hourly wage for part time workers.
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Miles Corak
@MilesCorak
In one hour @StatCan_eng will release the jobs numbers.

They will refer to one particular week in March, from Sunday the 15th to Saturday the 21st, and are a one-week picture, just a single frame in a movie that has now been running for more than a month.

#cdnecon #cdnmedia
The employment numbers will be an obvious headline, and there will also be a big jump in unemployment, but both of these statistics needed to be rounded out to capture the full extent of the #COVID19 fallout

#cdnecon #cdnmedia
.@StatCan_eng classifies someone as "employed" if they have at least one hour of paid work in an employer-employee relationship (self-employment aside), so reductions in hours of work, don't reflected in the employment totals

#cdnecon #cdnmedia
Read 30 tweets
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Miles Corak
@MilesCorak
In a few minutes @StatCan_eng will release 2018 information on incomes and the poverty rate, allowing us to update this picture and inform Canadians about progress toward the poverty reduction targets set by @SocDevSoc @HonAhmedHussen

#cdnpoli #cdnecon
@StatCan_eng @SocDevSoc @HonAhmedHussen .@StatCan_eng may confirm plans on how the poverty line will be updated, something that hasn't happened in more than a decade and probably leading the official poverty line to under-estimate the extent of poverty in Canada.
@StatCan_eng @SocDevSoc @HonAhmedHussen .@StatCan_eng has already signaled that some proposed revisions to the official poverty rate may indicate a higher poverty rate, others a lower rate.
Read 22 tweets
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Miles Corak
@MilesCorak
Read this provocative @DavidFrum @TheAtlantic essay making the case for lowering immigration to the United States

theatlantic.com/magazine/archi…

Then marvel at the case for significantly increasing immigration to Canada by @DougSaunders dougsaunders.net/about/maximum-…
.@DavidFrum has probably not characterized some economic research correctly, many models are in fact based upon employment rates and shares, not simply labor force participation rates.
What he does get right is a public exasperation with the management of the policy and the efficiency of government administration, particularly the behavior of employers.
Read 9 tweets

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