A COMPARISON OF JOB CREATION AND JOB DESTRUCTION IN CANADA AND THE UNITED-STATES

In recent years a growing number of countries have constructed data se ries on job creation and job destruction using establishment-level dat a sets. This paper provides a description and detailed comparison of t hese new data series for the United States and Canada. First, the Cana dian similar. Industries with high (low) job creation in the United St ates are evidenced by high (low) job creation in Canada. The same is t rue for job destruction. In addition, the overall magnitudes of gross job flows in the two countries are comparable. Second, the time-series pattens of creation important respects. In both countries, job destru ction is much more cyclically volatile than job creation. This cyclica l asymmetry is, however, more pronounced in the United States. In addi tion, the pace of job reallocation exhibits a pronounced upward trend in Canada but is essentially trendless in the United States.