maximum employment

[tanim]

I was wondering if someone on this forum could help me better understand what maximum employment was.

Is this similar to full employment? Do they mean the same thing? I find gathering information about full employment on the internet is much easier.

If you could point me somewhere to find information or explain it to me would be very helpful.

Also what policies could governments introduce to help facilitate maximum employment.

[gc1765]

I was wondering if someone on this forum could help me better understand what maximum employment was.

Is this similar to full employment? Do they mean the same thing? I find gathering information about full employment on the internet is much easier.

If you could point me somewhere to find information or explain it to me would be very helpful.

Also what policies could governments introduce to help facilitate maximum employment.

Got an essay due soon?

[mikedavid00]

I was wondering if someone on this forum could help me better understand what maximum employment was.

Is this similar to full employment? Do they mean the same thing? I find gathering information about full employment on the internet is much easier.

If you could point me somewhere to find information or explain it to me would be very helpful.

Also what policies could governments introduce to help facilitate maximum employment.

You must be a new comer to Canada. What country are you from?

Thanks,

[tanim]

Actually school has not started yet.

It is part of the terms in the outline sheet. I want to be ahead.

I just would like to know if anyone can point me to a website to find some information about this topic.

[tanim]

You must be a new comer to Canada. What country are you from?

Thanks,

bangladesh. How did you know?

[gc1765]

Actually school has not started yet.

It is part of the terms in the outline sheet. I want to be ahead.

I just would like to know if anyone can point me to a website to find some information about this topic.

No offense, but I don't think you will find many people here who want to do your homework for you for free. I could be wrong though...

[mikedavid00]

bangladesh. How did you know?

YES SIR!

(magrace, guyser, august1991, and especially Geoffery take note. )

Because unlike others on this forum, I see the reality in certain things. Most have their head in the sand.

As far as maximum employment, I've never heard of it actually. Never heard the term used.

Also, why do you like Canada more than the USA?

Edited August 31, 2007 by mikedavid00

[tanim]

No offense, but I don't think you will find many people here who want to do your homework for you for free. I could be wrong though...

Ok I guess this is the wrong place to ask. Sorry

[geoffrey]

Ok I guess this is the wrong place to ask. Sorry

Hey, don't listen to mike, your not Canadian born so he sees you as an invalid. Just him.

Anyways, maximum employment likely relates to full employment in the economics sense of the term. Lots of profs will distinguish it from full employment because it's much less ambiguous to those just starting out in economics. They mean the same thing from an academic sense.

That is the full unemployment but excluding those between jobs but likely to find a job before needing assistance. The most common number I've heard for this in Canada is 3%. It will flucate depending on regulatory and structural issues in the economy, essientially the barriers for those seeking new work.

What course is this? Intro to Macro?

[tanim]

Hey, don't listen to mike, your not Canadian born so he sees you as an invalid. Just him.

Anyways, maximum employment likely relates to full employment in the economics sense of the term. Lots of profs will distinguish it from full employment because it's much less ambiguous to those just starting out in economics. They mean the same thing from an academic sense.

That is the full unemployment but excluding those between jobs but likely to find a job before needing assistance. The most common number I've heard for this in Canada is 3%. It will flucate depending on regulatory and structural issues in the economy, essientially the barriers for those seeking new work.

What course is this? Intro to Macro?

hey thanks alot yes it is intro to mac, and i was lying about not being born here. I was reading the topics before i posted here and saw how ignorant he was. I just was trying to fuel the fire a little bit.

[geoffrey]

Intro to Mac was one of my favourite courses in university, it gets even better in the more advanced ones. Good luck.

[Michael Bluth]

That is the full unemployment but excluding those between jobs but likely to find a job before needing assistance. The most common number I've heard for this in Canada is 3%. It will flucate depending on regulatory and structural issues in the economy, essientially the barriers for those seeking new work.

I remember being taught that NAIRU (Non-Accelerating Inflation Rate of Unemployment) was 7% in Canada as opposed to 4% in the U.S. I always wondered why the difference was so big.

According to Stats Can (link) the unemployment rate here in Alberta was 3.3% in July.

If we still aren't at full employment/maximum employment out here it seems like there is an issue with the definition.

[Renegade]

I was wondering if someone on this forum could help me better understand what maximum employment was.

Is this similar to full employment? Do they mean the same thing? I find gathering information about full employment on the internet is much easier.

The term "full employment" is usually meant to convey an employment situation where nobody is unemployed due to lack of available employment opportuniies. However it is a misleading term because even if there are job opporunities for everyone who is not employed, there will always be a certain percentage, who for their own reasons will not accept an employment opportunity. The term "maximium employment" better conveys the situation where employment is not constrained by the lack of employment opportunities.

Also what policies could governments introduce to help facilitate maximum employment.

They can eliminate the minimimium wage. They can eliminate or reduce social benefits, in effect pressuring people who would otherwise not work to work. They can subsidize mobility to areas of high employment. They can provide free or subsidized skills programs. The list can go on.

I remember being taught that NAIRU (Non-Accelerating Inflation Rate of Unemployment) was 7% in Canada as opposed to 4% in the U.S. I always wondered why the difference was so big.

More generous social programs. When you have a generous social payment it is a dsincentive to take certain jobs even if they pay slightly higher than the payment rate.

I just was trying to fuel the fire a little bit.

Keep doing that and you will be branded a troll.

[geoffrey]

If we still aren't at full employment/maximum employment out here it seems like there is an issue with the definition.

Indeed.

The biggest issue with unemployment is overly generous EI and barriers to provincial worker migration. There is no excuse in a Western civilized country for double digit unemployment to exist in one area and a major inflation causing worker shortage to exist in another.

Not working needs to become not an option. I don't really understand when laziness became an acceptable lifestyle choice. If you can't find a job, than move. It's an attitude that simply doesn't exist in Canada.

More generous social programs. When you have a generous social payment it is a dsincentive to take certain jobs even if they pay slightly higher than the payment rate.

While I agree those have implications on the natural rate, I think in Canada our primary issue is interprovincial economic barriers. It's much easier to trade and migrate to the US as a professional than to Quebec, for example. Alberta and BC have a free trade agreement that promises to lift regulatory hurdles for professionals and qualified tradespeople in order to balance employment over the provinces. It's about time the rest of Canada stopped being protective of their workforces (less enviable workforces than we have out here too) and make it easier for people to move.

Having EI pay for a relocation for a tradesperson from say Goose Bay to Peace River will cost alot less in the long run than continually paying out cash for a lifestyle that is simply not sustainable long term in Canada.

Instead we have governments out east fearing they won't have enough fishermen when thems little cods come back.

These are structural issues and cultural attitudes that will continue to cause social disparity in Canada. It's purely the reason why we have two oil rich provinces, one with a top 3 worldwide GDP and one on par with Panama.

[Michael Bluth]

Indeed.

The biggest issue with unemployment is overly generous EI and barriers to provincial worker migration. There is no excuse in a Western civilized country for double digit unemployment to exist in one area and a major inflation causing worker shortage to exist in another.

Not working needs to become not an option. I don't really understand when laziness became an acceptable lifestyle choice. If you can't find a job, than move. It's an attitude that simply doesn't exist in Canada.

The problem with the inflation causing worker shortage is finding a place to live.

Just moved to the city with the big mall here and it was brutal finding a residence. I'm renting a temporary furnished suite for three months and have already lined up a place after that. I was extremely lucky to have found something and at a relatively reasonable price. Reasonable truly is a relative term. Five years ago I would have laughed at either place for asking what they are.

Then again, I found a good job after looking for three days. So there are pluses and minuses to everything I guess.

[mikedavid00]

Intro to Mac was one of my favourite courses in university, it gets even better in the more advanced ones. Good luck.

Economic text books are worth flushing down the toilet.. most University books are actually.

I like accounting and english though. Those books actually teach you something useful. Getting into global warming style economic ideoligy is nonsense. There's no laws of economics.

Here's all you need to know about economics: when the feds raise interest rates, the economy slows down.

Book writting by MikeDavid00

Published by Mapleleafweb, Inivsion Power Board.

[mikedavid00]

Instead we have governments out east fearing they won't have enough fishermen when thems little cods come back.

These are structural issues and cultural attitudes that will continue to cause social disparity in Canada. It's purely the reason why we have two oil rich provinces, one with a top 3 worldwide GDP and one on par with Panama.

Well firstly, I certainly do not think Alberta has a skilled labor shortage. The jobs aren't there. The postings aren't there. There are forums of people complained how they can't find professional work. Facts are most jobs being created there are low paying, part time jobs.

Listen Geoffery, I'm beggining you to please take the 200,000 immigrants that come to Ontario each yaer. let them go there if you you guys are doign so great and have all these job openings. Let Harper work a deal with Ontario and Alberta. Canada already has the 'workers' coming here that your province requires. The greatest minds in the world come here. HIGHLY, HIGHLY educated people!

Alberta needs immigrants badly.

Now doesn't that make you feel good? Say 10 times and you can actually start to believe it. It will then become prophacy. Just say it. report it. Alberta needs immigrants. Alberta has a shortage and desperately needs immigrants.

Alberta needs to the most skilled immigrants in the world.

Lets give Alberta our immigrants and send them over there now. I'm ALLLL for it!

After all, Alberta NEEDS immigrants, and immigrants 'NEED' work.

That's what's called a 'win win'.

[geoffrey]

Economic text books are worth flushing down the toilet.. most University books are actually.

I like accounting and english though.

English? Your kidding right? Nothing was a bigger waste of university time.

Accounting doesn't exist in a void. Economics plays a roll in accounting everyday. The advanced courses in econ I took (health care, labour, oil exploitation and gas marketing) were super applicable courses, not alot of boring theory... all very practical and realistic.

Well firstly, I certainly do not think Alberta has a skilled labor shortage. The jobs aren't there. The postings aren't there. There are forums of people complained how they can't find professional work. Facts are most jobs being created there are low paying, part time jobs.

Your crazy. I know first hand. I was making over $60k without even my degree. And I'm far from the only one. There are no professionals out here. Accounting, finance, engineering and geomatics are all huge. We even struggle to hire IT people at inflated salaries.

Listen Geoffery, I'm beggining you to please take the 200,000 immigrants that come to Ontario each yaer. let them go there if you you guys are doign so great and have all these job openings. Let Harper work a deal with Ontario and Alberta. Canada already has the 'workers' coming here that your province requires. The greatest minds in the world come here. HIGHLY, HIGHLY educated people!

We want to take your guys. They refuse to move because the government pays them to stay. Elect a provincial government that cuts them off and they'll have to find work. It's not our fault.

After all, Alberta NEEDS immigrants, and immigrants 'NEED' work.

That's what's called a 'win win'.

Great. We'll take all your professionals. We need them. Send them on over.