Linking Labour Demand and Labour Supply

Linking labour demand and labour supply: Job vacancies and the unemployed by Marie Drolet Overview of the study This study provides additional insight into labour demand and supply based on the joint availability of job vacancy and unemployment data over the past two years (2015 and 2016). [...] Additional number of job vacancies or the job vacancy rate—and its information about the demand side of the labour market is relationship to unemployment is an important measure collected by the Job Vacancy and Wage Survey (JVWS). [...] Statistics Canada — November 2017 Insights on Canadian Society / 1 Linking labour demand and labour supply: Job vacancies and the unemployed Survey (LFS) to answer the following situations, workers lack the skills to During economic expansions, the questions: (1) To what extent are job meet the job requirements or live demand for goods and services vacancies and unemployment related? [...] To test the robustness of the relationship between the vacancy unemployment rate is associated of the cross-regional variation in job rate and the unemployment rate, with a 0.9 percentage point decline vacancy rates is explained by the a linear regression was performed. [...] When by sorting the economic regions from per job vacancy is sensitive to the attention is restricted to eastern Canada to western Canada measure of unemployed persons unemployed job searchers, the and plotting both the job vacancy rate used and raises the fol lowing result is 3.2 unemployed job and unemployment rate (Chart 2).