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Finance committee A number of studies have been done in both Canada and the U.S. on workers who have lost their jobs. And they show that workers who have a lot of seniority when they lose their jobs are hit hard by wage losses, and that is true of Canada, the U.S. and the U.K. Often, five years a
March 6th, 2014Committee meeting
René Morissette
Finance committee A pattern that we see sometimes is that older workers are in what we call “wait unemployment”. That is, they expect to find a job that pays as high a wage as in the previous job, but after a while they realize they can't and so there might be some time spent hoping to get as well
March 6th, 2014Committee meeting
René Morissette
Finance committee I don't have any figures on that gap specifically. We do know that, during the recession, immigrants were more likely to lose their jobs and be laid off than non-immigrants. But one of the big reasons they were more likely to be laid off was that they had little seniority, as is
March 6th, 2014Committee meeting
René Morissette
Finance committee I can tell you that low seniority was one of the factors at play. The question around skills was not studied.
March 6th, 2014Committee meeting
René Morissette
Finance committee Ideally, we would like to be able to look at that, but as was mentioned a few minutes ago regarding immigrants, we only started in 2006 collecting information in the labour force survey on aboriginals and immigrants. We cannot paint the same historical trends as we have done over
March 6th, 2014Committee meeting
René Morissette
Finance committee Yes, but certainly at least for recent years one could have a look at the data and see how these outcomes vary for immigrants, aboriginals, and other groups.
March 6th, 2014Committee meeting
René Morissette
Finance committee It's possible, yes, from 2006 to 2013.
March 6th, 2014Committee meeting
René Morissette
Finance committee I'm not sure I understand the question.
March 6th, 2014Committee meeting
René Morissette
Finance committee I think part of the reason is that the types of trades for young men and young women are still quite different. They are far from being homogenous. You will have more—plumbers, electricians, and so on—that are still male dominated and have high wages. Again, going back to the que
March 6th, 2014Committee meeting
René Morissette
Finance committee In the study that has been referred to here, I think the authors looked at a cohort of people who graduated during one recession—probably the 1981-1982, or the 1990-1992 recession—and they tracked these people over time. They followed their earnings for the next 20 years and comp
March 6th, 2014Committee meeting
René Morissette
Finance committee No, because these numbers focus on people who don't have a job, and so these numbers answer the questions for those people who don't have a job about how much time they spent being unemployed.
March 6th, 2014Committee meeting
René Morissette
Finance committee Regardless of the nature of the job they might end up getting subsequently.
March 6th, 2014Committee meeting
René Morissette
Finance committee That suggests that if you have a job, with a B.A. you have greater chances of finding a job.
March 6th, 2014Committee meeting
René Morissette
Finance committee Again, the issue of overqualification is a distinct one, but that's what the numbers reveal here.
March 6th, 2014Committee meeting
René Morissette
Finance committee No, that is starting in 2006.
March 6th, 2014Committee meeting
René Morissette