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Canada / Upturn in youth jobs picture

For months on end, the jobs picture among Canadian youth has been either little improved or deteriorating.

That shifted Friday, with a report showing 16,300 new jobs were added for the 15-to-24-year-old crowd last month. That was sufficient to bring their unemployment rate down to 14 per cent from 14.7 per cent in October.

Employment levels have risen for all age categories except for youth in the past year, where they are still below year-ago levels (despite last month’s gains). But while one month does not make a trend, it is still a welcome change to see any improvement at all.

At 14 per cent, “the unemployment rate for youth is now on par with where it was in early spring, a significant improvement from the high of 15 per cent it reached in September,” noted economists at the Conference Board of Canada.

Given that holiday season is beckoning, it would be easy to assume these are all low-paying mall jobs.

That’s not the case, according to Statistics Canada. While the numbers by age group aren’t seasonally adjusted, the agency used alternative measures to look at where the jobs were.

Choosen excerpts by Job Market Monitor from

via Upturn in youth jobs picture seems more than a blip – The Globe and Mail.

Discussion

2 thoughts on “Canada / Upturn in youth jobs picture

  1. cover letter help's avatar

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    Posted by cover letter help | December 11, 2012, 9:41 am

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