Canada’s Beveridge curve and the outlook for the labour market

Alexander Lam

No 2022-18, Staff Analytical Notes from Bank of Canada

Abstract: Canada’s labour market is tight but beginning to ease. Unemployment will likely rise in turn, but the economy can avoid a recessionary surge given current conditions. Higher unemployment would nonetheless be material, especially for those directly impacted.

Keywords: Business fluctuations and cycles; Central bank research; Labour markets; Recent economic and financial developments (search for similar items in EconPapers)
JEL-codes: E32 J J20 J64 (search for similar items in EconPapers)
Date: 2022-11
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Citations: View citations in EconPapers (3)

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