The Duration of Unemployment: A User Guide

Andrew Heisz and Miles Corak

Analytical Studies Branch Research Paper Series from Statistics Canada, Analytical Studies Branch

Abstract:

The objective of this paper is to introduce in a new measure of the average duration of unemployment spells using Canadian data. The paper summarizes the work of Corak (1993) and Corak and Heisz (1994) on the average complete duration of unemployment in a non-technical way by focusing on the distinction between it and the average incomplete duration of unemployment, which is regularly released by Statistics Canada. It is pointed out that the latter is a lagging cyclical indicator. The average complete duration of unemployment is a more accurate indicator of prevailing labour market conditions, but some assumptions required in its derivation also imply that it lags actual developments.

Keywords: Data analysis; Employment and unemployment; Labour; Labour mobility; turnover and work absences; Statistical methods (search for similar items in EconPapers)
Date: 1995-12-30
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:stc:stcp3e:1995084e

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