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In the treatment group, at the outset of the program, the proportion of welfare recipients working full-time was 6 percent, after one year, 30 percent of the program group was working full time.
In the control group, at the outset of the program, the proportion of welfare recipients working full-time was 6 percent, after one year, 15 percent of the program group was working full time.
-Based on Reference 03-02, we can estimate that the impact of the program on labour market participation is:
Cyclical Variation
Fluctuations in statistical or economic data that occur periodically over cycles, such as those caused by the business cycle.
Economic Recession
A period of temporary economic decline during which trade and industrial activities are reduced, generally identified by a fall in GDP in two successive quarters.
Inflation
The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
Random Variation
The variability in data that arises due to chance and cannot be attributed to any specific cause or pattern.
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