Source: Statistics Canada, CANSIM using CHASS, v2064896 Canada; Employment rate (Rate); Both sexes; 15 years and over; Unadjusted.Definition: The percentage of employed persons to the working-age population.
The employment rate has been in a range from roughly 55-65% since 1976.
This number could be raised if there were increased incentives to work (less welfare) and lower barriers to entry (less unionization). An increase in the employment rate in the private sector will be necessary if we are to begin paying of our federal debt in a big way.
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