Is Unemployment Necessarily Bad?
unemployment insurance = fewer people working
Statistics Canada divides the non-intuitional (available to work- not in prison, nursing home..)
adult (15+) population into three categories
Based on phone survey – excludes people in military
o 1. Employed
o 2. Unemployed
o 3. Not in a labour force – not actively looking for work
Labour force 18, 699
unemployed 1, 393
Employed 17, 306
Adult population 27, 987
Do these figures reflect reality?
1. Discouraged Workers
Job below your skill level
3. People lie
To get government benefits
Why is there unemployment?