With about 1.3 million Canadians looking for work, some employers are swamped with job applicants, but many

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With about 1.3 million Canadians looking for work, some employers are swamped with job applicants, but many employers can’t hire enough workers. The job market has changed. During the recession, millions of middle-skill, middle-wage jobs disappeared. Now with the recovery, these people can’t find the skilled jobs that they seek and have a hard time adjusting to lower-skilled work with less pay. Why might the unemployment rate underestimate the underutilization of labour resources?

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