Below are some of the main findings of the 2009 edition of Measuring Labour Markets in Canada and the United States. [...] In addition to the measurement of each indicator, each section presents a review of the research into the effects of the charac- teristic or regulation on labour market performance. [...] Labour relations laws This measure is based on the Fraser Institute’s study, Labour Relations Laws in Canada and the United States: An Empirical Examination (2009 Edition) (Karabegović et al., 2009), which measures and evaluates labour relations laws in the private sector for the Canadian provinces and US states to determine the extent to which they enhance flexibility and choice in the labour mar [...] As demand for the product—in the case of labour markets, labour—increases, the price paid (wages) adjusts upwards until a new equilibrium or balance is achieved between the amount of labour demanded and the amount supplied. [...] Unfortunately, measuring labour market performance over the last 12 months (since the beginning of the economic downturn) is challenging because the monthly and quarterly data for three of the indicators of labour market performance are not available across US states and the Canadian provinces.