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Canada uses a different measure to gauge the unemployment than the United States calculation. An analyst with the American Bureau of Labour Statistics stated that if the Canadian unemployment rate were adjusted to U.S. concepts, it would be reduced by 1 percentage point. [3]
According to the IMF's 2018 annual Article IV Mission to Canada, compared to all the G7 countries, including the United States, Canada's "total government net debt-to-GDP ratio", is the lowest. [9] Canada has been the G7 leader in economic growth since 2016. [9] The unemployment rate in Canada is at its lowest level since c.1978. [9]
Another important factor is the extent to which part-time work is widespread, which is less common in developing countries. In 2017, the Southeast Asian state of Cambodia had the longest average working hours worldwide among 66 countries studied. Here, the working time per worker was around 2,456 hours per year, which is just under 47 hours per ...
Oxfam's latest report looks at workers' conditions in all 50 states and Washington, D.C., and ranks them based on wage policies, worker protections, and the right to organize.
With the cost of living increasing due to inflation and the after-effects of the pandemic, many people are feeling the pinch of having to stretch their paychecks further than they used to go. If...
Map of the provinces and territories of Canada by HDI in 2021. This is a list of Canadian provinces and territories by their Human Development Index, which is a comparative measure of life expectancy, literacy, education, standard of living and overall well-being of the citizens in each province and territory. All Canadian provinces and ...
Americans living in the following cities generally put in less hours than the average American, spend less time commuting, and have more time to themselves. The 20 cities where Americans work the ...
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States.