Study Guides (248,645)
Canada (121,656)
Economics (329)
ECO2147 (4)

ECON 2147 Final Exam Review Lecture 7-12

14 Pages

Course Code
J Ianweizhen

This preview shows pages 1,2,3. Sign up to view the full 14 pages of the document.
Final Exam ReviewLecture 7 Surveys on Labor Market ActivitiesLabour Force Survey LFS Main objective is to divide the workingage population into 3 mutually exclusive classifications employed unemployed and not in the labour force and to provide descriptive and explanatory data on each of theseLFS data are used to produce wellknown unemployment rate as well as other standard labour market indicators such as employment rate and the participation rate Also provides employment estimates by industry occupation public and private sector hours workedthrough demographic characteristicsTarget PopulationCovers the civilian noninstitutional population 15 old Conducted nationwide Excludes persons living on reserves and other Aboriginal settlements in the provinces fulltime members of the Canadian Armed Forces and the institutionalized populations These groups together represent an exclusion of less than 2 of Canadian Pop 15 National Labour Force Survey use results of LFSSamplingstLFS uses a probability sample based on a multistage design Province divided into stratums 1 stage of ndsampling consists of selecting clusters from within each stratum 2 stage consists of selecting dwellings from within each selected clusterLFS uses a rotating panel sample design so selected dwelling remain in the LFS sample for 6 consecutive months A different 16 of the LFS samples dwellings are in each month of the surveyDisclosure ControlStats Can prohibited by law from releasing any data that can divulge info obtained under Stats Act that relate to any identifiable person business or org without the prior knowledge or consent If necessary data are suppressed to prevent direct or residual disclosure of identifiable data Estimates are rounded to the nearest hundred and a series of suppression rule with following levels Canada 1500 Newfoundland 500 PEI 200 Nova Scotia 500 New Brunswick 500 Quebec 1600 Ontario 1500 Manitoba 500 Saskatchewan 500 Alberta 1500 BC 1500 Rotation patterns different in the territories estimates for territories are not included calculated and reported separately as part of extended projectsSeasonal AdjustmentsMost estimates are subject to seasonal variation annuallyrecurring fluctuations caused by climate and regular insitutational events such as vacations and holiday seasons SA is used to remove seasonal varaiations from almost 3000 series to facilitate analysis of shortterm change for major indicators such as employment and unemployment by age and sex industry and class of worker employee and selfemployed Adjustments are made using the X12 ARIMA method The seasonally adjusted series are usually revised back 3 years and adjustments are made to LFS data every 5 years after new population estimates become available following the most recent censusSurvey of Labour and Income Dynamics SLIDSamplingA sample survey with a crosssectional design and a longitudinal followup The samples for SLID sample is composed of 2 panels Each panel consist of 2 LFS rotation groups and includes roughly 17 000 households A panel is surveyed for a period of 6 consecutive yearsData SourcesResponding to this survey is voluntary data are collected directly from survey respondents and extracted from administrative files For each sampled household in SLID interviews are conducted over a sixyear period Interviewers collect info regarding respondents in labour market experiences and incomes during the previous year SLID interviews are conducted over the telephone using computerassisted interviewing CAI The interviewer reads questions as they appear on the computer screen and keys in the reported information Skippatterns and edits are built in allowing interviewers to detect response inconsistencies Collection of date info employment spells jobless spells interruption of work greatly improved by interactive data capture technique Proxy response is accepted in SLID allowing for household member to answer questions on behalf of any or all other members of the householdDisclosure ControlSuppression rules or data reliability cutoffs are currently established based on the sample size that underlies the estimate In general a sample size of 25 observations is required for the estimate to be published Rules help protect the confidentiality of survey respondents and ensure the reliability of estimatesSurvey of Employment Payrolls and Hours SEPHSEPH is produced from the combination of the Business Payroll Survey results and the payroll deductions administrative data received from Canada Revenue Agency Canadas only source of detailed information on the total number of paid employees payrolls hours at detailed industrial provincial and territorial levels Serves as proxy output measure for about 15 of Real and Gross Domestic Product Data also used by the private sector for contract escalation and wage rate determination by CRA to revise maximum pensionable earnings and retirement savings plan contribution limitsMonthly survey estimates are produced by a combination of a census of payroll deductions provided by the CRA and Business Payrolls Survey BPS which collects data from a sample of 15 000 businessesTarget PopulationComposed of all employers in Canada except those primarily involved in agriculture fishing and trapping private household services religious organizations and military personnel of defense services SEPH draws its samples from the Business Register BR maintained by the Business Register Division of Stats CanBR is list of all businesses in Canada and is updated each month using data from various surveys business profiling and administrative data The Business number is a unique identifier assigned by CRA to business participating in 1 or more programs Payroll Deduction Goods and Services Tax Importer and Exporter Tax and Corporation Tax Data SourcesResponses to survey are mandatory Stats in survey are based on1A census of administrative records for all employers establishment that are inscope for the survey and are on the BR Monthly payroll and employment estimates are derived from the administrative source2A sample survey Business Payrolls Survey BPS conducted monthly to collect data required to estimate SEPH variables gross monthly payrolls totalof paid hours allocation of hours earnings and employment for 3 categorized employees salaries by hour and other eg commissionTo estimate SEPH variables not available from the administrative source the results of the Business Payroll Survey BPS conducted monthly are used BPS uses a stratified simple random sample of 150000 establishments out of a population of 900000 establishmentsRevisions and Seasonal AdjustmentsEach month SEPH releases stats for 2 latest reference each months represent preliminary estimates for the current month and the revised estimates for the previous months On an annual basis seasonally adjusted data will be revised back and released with the December revised reference monthEmployment Insurance Statistics EIS
More Less
Unlock Document

Only pages 1,2,3 are available for preview. Some parts have been intentionally blurred.

Unlock Document
You're Reading a Preview

Unlock to view full version

Unlock Document

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.