Canada’s Youth Job Market Slumps Most Among Major Economies

Young Canadians are encountering a labor market that has worsened more rapidly than in any other major advanced economy.

Over the past two years, unemployment among 15 to 24 year-olds in Canada increased by 3.6 percentage points, marking the most significant rise among the 25 largest economies in the Organization for Economic Co-operation and Development — including the US, UK, and Australia.

— news from Bloomberg

— News Original —
Canada’s Youth Job Market Slumps Most Among Major Economies
Young Canadians are facing a labor market that has deteriorated faster than in any other major advanced economy.

Over the past two years, unemployment among 15 to 24 year-olds in Canada jumped 3.6 percentage points, the sharpest increase among the 25 largest economies in the Organization for Economic Co-operation and Development — including the US, UK and Australia.