Employment prospects for younger Canadians looking for work are not as dismal as widely believed, a report released by the Certified General Accountants Association of Canada today suggests.
The report argues that the peak unemployment rate among those aged 15 to 24 peaked at 15.2 per cent during the latest recession, lower than the high of 19.2 per cent in the 1983 downturn and 17.2 per cent in 1992.
And young people tended to find work faster than mature workers. “One of the most important messages is that the opportunites will come to young workers,” the CGA’s Rock Lefebvre said.
‘You don’t have to be a lawyer to be successful anymore’
—Rock Lefebvre
In 2011, it says, 46.8 per cent of unemployed young people found a job within four weeks, compared with 27 per cent of mature job seekers.
The study also suggests the quality of jobs for young people has been improving during the recovery…
Choosen excerpts by JMM from
via Youth unemployment outlook not so bleak – Business – CBC News.
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