Chart B data table
Layoffs are countercyclical

  Layoff rate1 Unemployment rate Gross Domestic Product (GDP) growth rate
%
1993 5.5 11.4 2.3
1994 5.6 10.4 4.9
1995 4.9 9.5 2.7
1996 4.8 9.6 1.6
1997 3.8 9.1 4.4
1998 3.8 8.3 4.1
1999 3.5 7.6 5.5
2000 2.8 6.8 5.3
2001 4.0 7.2 1.5
2002 3.6 7.7 3.0
2003 3.6 7.6 2.0
2004 3.2 7.2 3.0
2005 2.8 6.8 3.0
2006 2.6 6.3 2.8
2007 2.4 6.0 2.4
1. Layoff rate for full-time jobs.
Sources: Statistics Canada, Labour Force Survey, Survey of Labour and Income Dynamics and System of National Accounts, Gross Domestic Product (GDP).