Description for Chart 4
Changes in real median hourly wages in full-time jobs and changes in labour force participation rates from 1981 to 2014, by age group, education, and region — Men aged 17 to 54
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The title of the chart is “Changes in real median hourly wages in full-time jobs and changes in labour force participation rates from 1981 to 2014, by age group, education, and region — Men aged 17 to 54.”
This is a scatter plot that contains 16 observations.
The vertical axis is “Change in labour force participation rates (percentage points).” It starts at 0 and ends at -8, with graduation marks at every point.
The horizontal axis is “percentage change in real median hourly wages.” It starts at -30 and ends at 40, with graduation marks at every 10 points.
Description: Changes in labour force participation rates of men aged 17 to 54 who are not full-time students are correlated, over the 1981-to-2014 period, with percentage changes in real median hourly wages of men aged 17 to 54 employed full time. The data are grouped by age group, education and region. Four age groups are considered: 17 to 24, 25 to 34, 35 to 44, and 45 to 54. Two education levels are considered: university degree and no university degree. Two regions are considered, the first being the oil-producing provinces of Alberta, Saskatchewan and Newfoundland and Labrador, and the second, all the other provinces. The interaction of four age groups, two education categories, and two regions yields the 16 data points shown in the scatter plot. The chart shows that groups of workers who experienced the sharpest declines in real hourly wages from 1981 to 2014 generally experienced the largest decline in labour force participation rates during that period. This positive correlation between wage changes and changes in labour force participation is shown using a regression line that passes through the 16 data points mentioned above.
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