Katherine Ragan

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Staff Discussion Papers

Extending the Labour Market Indicator to the Canadian Provinces

Staff Discussion Paper 2016-2 Alexander Fritsche, Katherine Ragan
Calculating the labour market indicator (LMI) at the provincial level provides useful insights into Canada’s regional economies and reveals differing trends in the state of underlying labour market conditions across provinces. Conclusions based on the Canadian LMI do not necessarily translate to the provinces. In most cases, the correlations between the provincial LMIs and the underlying labour market variables have the expected sign.