Canada-U.S. unemployment rates. Why is Canada's so high?
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Words: 3173
Pages: 12
(approximately 235 words/page)
Pages: 12
(approximately 235 words/page)
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For decades prior to the 1981-82 recession, the national unemployment rates of Canada and the United States had been nearly identical. Since then, a persistent 'unemployment rate gap' has emerged. Throughout most of the 1980s, Canada's unemployment rate has consistently been about 2 percentage points higher than in the United States. The gap developed in spite of very similar economic performances across the two countries:
showed first 75 words of 3173 total
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showed first 75 words of 3173 total
showed last 75 words of 3173 total
In fact, there is substantial evidence that their economy is booming, proving that it is possible to have a fruitful society with lower government subsidies. It is not until there is a cut back in these programs, that the Canadian unemployment rate will drop. Any change, calls for significant measures, with real impacts on peoples' lives. However, until this happens, the unemployment rate gap between Canada and the U.S. will remain present and lasting.
In fact, there is substantial evidence that their economy is booming, proving that it is possible to have a fruitful society with lower government subsidies. It is not until there is a cut back in these programs, that the Canadian unemployment rate will drop. Any change, calls for significant measures, with real impacts on peoples' lives. However, until this happens, the unemployment rate gap between Canada and the U.S. will remain present and lasting.