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Canada (511,390)
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Lecture 15

Lecture 15.docx

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Bridget O' Shaughnessy

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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 2. Underemployment  Part time  Job below your skill level 3. People lie  To get government benefits Why is there unemployment?
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