Labor shortages, pay and training in NAFTA countries

Research has found that even at high unemployment rates, skill shortages can exist. A paper contrasts skill shortages in Mexico, the US, and Canada. Unlike the unemployment rate, there is no generally agreed upon method for measuring shortages. The paper relies on a method using occupational indicat...

Full description

Saved in:
Bibliographic Details
Published in:The North American journal of economics and finance 1998, Vol.9 (1), p.89-103
Main Authors: Cohen, Malcolm S., Zaidi, Mahmood A.
Format: Article
Language:English
Subjects:
Advertising
Economic conditions
Economic indicators
Economic theory
Employment
Job openings
Labor economics
Labor market
Labor shortages
Labor supply
Manufacturing
New employees
North American Free Trade Agreement
Occupations
Recruitment
Studies
Training
Unemployment
Wages & salaries
Citations: Items that this one cites
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Research has found that even at high unemployment rates, skill shortages can exist. A paper contrasts skill shortages in Mexico, the US, and Canada. Unlike the unemployment rate, there is no generally agreed upon method for measuring shortages. The paper relies on a method using occupational indicators previously applied to the US. It begins with the discussion of some of the theories of labor shortages, difficulties in measuring shortages, and occupational indicators for the US for 1993-1996. This is followed by a comparative discussion of economic conditions in the US, Mexico, and Canada related to labor shortages in these countries. A brief discussion is presented of why the 3 NAFTA countries may have experienced differences in relative demand for different or similar occupations.
ISSN:1062-9408
1879-0860
DOI:10.1016/S1062-9408(99)80082-5