SOC207H1 Lecture Notes - Lecture 3: Labour Force Survey, Employment-To-Population Ratio, Population Ageing
Document Summary
Soc207 lecture 3 jan 24th, 2017. What is a labour market? (definition on pg. 134: an arena where people provide skills, knowledge, loyalty or expertise to a party seeking such things. Supply side employee(s: the person(s) providing the skills, expertise, and loyalty. Demand side employer: party seeking such changes, company or individual. The reward: monetary: wages, non-monetary: health and dental coverage, status, career opportunities, gifts, symbolic capital (pierre bordieau) Formal: employment relationship is monitored or taxed by government, and included in official economic output statistics (gdp figures) Informal: employment relationship is not monitored or taxed by government, and not included in gdp figures. 2. 2 and 2. 7 gdp b/t 1992 and 2012 43 billion dollars a year from the informal sector in canada. Those who could be surveyed by stats canada about their labour market activities in a reference period (the target population of potential workers in canada) Achieved through what is called the canada labour force survey (monthly.
