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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...

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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
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container_title	The North American journal of economics and finance
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description	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.
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source	EconLit s plnými texty; EBSCOhost Business Source Ultimate; ScienceDirect Journals
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
title	Labor shortages, pay and training in NAFTA countries
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