The labour market in Canada and the United States since the last recession / : Marché du travail au Canada et aux États-Unis depuis la dernière récession

Therefore, adjustments are made to the in both countries, employment losses in the United States were Canadian data to make them coherent with the U. S. concepts, larger - even after accounting for the differences in the size of so that the data from the two countries can be compared (Sunter the two economies - and extended over a longer period of time 1998; Usalcas and Bowlby 2002; Ferrao 2009; Z [...] In June 2014, the number of employed individuals in In the United States, the employment rate decreased from the United States was, therefore, close to, but still below the a cyclical high of 63.3%, in March 2007, to a low of 58.2%, peak it reached in November 2007. [...] Because of these diverging trends, the In the United States, from its pre-recession peak of March employment rate in Canada has remained above the rate in the 2007 to June 2014, the youth employment rate fell 6.6 percentage United States since November 2002. [...] States than in Canada, which helps explain the larger decrease in than in Canada since 2008, but the gap has closed the unemployment rate in the United States as compared with The unemployment rate in the United States was higher than Canada in recent years (Chart 9). [...] The gap between the two unemployment rates then 67 gradually narrowed, as the decline in the unemployment rate in the United States was more rapid than the decline in Canada.