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Abstract
Specifically, the present paper is concerned with the following four questions regarding seasonal instability. What is the extent of seasonal fluctuations in the major metropobtan areas? Are the seasonal cycles of different sectors offsetting or mutually reinforcing? To what degree is seasonal stability in urban areas correlated with economic diversity? Do those sectors that are unstable vary between urban areas?
Highlights
Research into urban economic problems has grown rapidly over the past few years, little of this attention to urban matters has been directed to the subject of urban economic instability
From the foregoing analyses, the following conclusions may he drawn: 1) Fluctuations in employment in the major urban centres as an economic problem is sufficiently significant to he deserving of the attention of municipal authorities
3) Promotion of diversification of the economy in a random manner does not lead to seasonal stability in employment
Summary
Research into urban economic problems has grown rapidly over the past few years, little of this attention to urban matters has been directed to the subject of urban economic instability. Employment data for various sectors for a number of Canadian metropolitan areas are compiled and reported by Statistics Canada.^ The agency's mail survey covers aU companies with 20 or more employees in any one month of the year. This includes multi-estabbsbment firms of over 20 total employees in any one month. Given annual average employment in Toronto, Montreal and Vancouver during this period at roughly 800,000, 700,000 and 400,000 respectively, the mean deviations of Tahle I imply monthly fluctuations of approximately 15,000, 12,000 and 8,000 man years for the three metropolitan areas. The general pattern of this year emerges from similar analyses of the years 1971 and 1972
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