Measuring Labor Markets in Canada and the United States
September 15, 2011 Labor markets are one of the most important
components of an economy. They are the mechanism through which
we allocate one of our most valuable and productive resources:
human work, effort, creativity and ingenuity. Labor markets
match human skills, supplied by individuals seeking to earn a
living, with the demand for labor by firms, governments and
households, says the Fraser Institute. "Measuring Labor Markets
in Canada and the United States: 2011 Edition" is the seventh
installment in the Fraser Institute's ongoing research to assess
the performance of labor markets and explain why results differ
among jurisdictions. Indicators of labor performance such as job
creation, unemployment and productivity are used to assess
Canadian provincial and U.S. state labor market performance. -
Alberta topped the list of Canadian provinces and U.S. states
for labor market performance over the last five years. - The
U.S. states in the West and the