Definitions
LabourThe work effort of any type of worker, from farm labourer and tradesperson to doctor and office worker. |
Labour forceThe population 15 years of age and older across Canada that is employed or unemployed, but actively looking for work. Also referred to as “workforce.” See Workforce. |
Labour Force Survey (LFS)A monthly survey conducted by Statistics Canada across the 10 provinces. About 56,000 households are surveyed to determine whether people 15 years of age or older are working, not working, actively looking for work, or no longer actively looking for work (meaning not in the labour force). |
Labour incomeThe wages a worker earns, as well as the benefits paid by the employer. Labour income accounts for about two-thirds of the total value added in the economy, making it the biggest component of Gross domestic product (GDP). |
Labour marketWhere buyers of labour (employers) and sellers of labour (employees) meet to satisfy job requirements within the Canadian economy or marketplace. |
Labour mobilityThe ability a worker has to move among employers, among occupations (usually having the same or similar skill requirements), or among geographical areas. |