This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …

Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … of job search from inactivity compared to unemployment. This factor provides enough structure to prevent arbitrary … splitting of unemployment outflows between employment and inactivity. In turn, the estimated job search factor can be used in a …

document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …

depreciation upon job loss—and its interaction with labor market institutions. We have three main results, based on a life … between turbulence and institutions explains most of the reduction in labor force participation among older workers in Europe … over this period, but ultimately explains little of the rise in unemployment. Third, only a small share of the increase in …