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,...

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, middlewage jobs disappeared. Now with the recovery, these people can’t find the skilled jobs that they seek and have a hard time adjusting to lowerskilled work with less pay. Why might the unemployment rate underestimate the underutilization of labour resources?