Labour market data lackingMonday November 10, 2014 Written by Amie Silverwood
Statistics Canada is in the midst of a redesign of its labour force survey, aimed at ensuring it provides relevant and quality data.
In its current condition, it contains serious statistical gaps such as details on temporary foreign workers, unpaid interns, underempoyment, and details on skill shortages.
Statscan has faced budget cuts and staff reductions, according to the Globe and Mail. Employment and Social Development Canada has cut spending on labour market information by more than 20 per cent over the past two years.
The Conservative Government is now looking to plug these gaps with an additional $14-million a year for two Stascan surveys that will include detailed regional jobs data.
For more information on what economists would like to see in Statscan surveys, click here.
This article originally appeared on the Wood Business website. Click here to view the original article