28- to 34-year-olds are actually the wealthiest such generation in Canadian history says a new analysis from the federal Finance Department. “The current generation of young Canadians is, on average, wealthier than previous generations of young Canadians,” says the confidential report, though with some cautionary notes. “Young Canadians … born in the first half of the 1980s had … Continue reading
When I was a kid old people weren’t very well off. The words poor and pensioner often went together. I remember a poster (presumably by one of the age charities) which I used to pass on the way to my swimming lesson. It said something like, “Poverty and loneliness, the punishment for old age.” That would have … Continue reading
Five years after the global economic meltdown, youth employment levels remain significantly depressed, tracking much lower than the national average. Continue reading
Although youth unemployment is relatively high – it does not represent an alarming event write the Certified General Accountants Association of Canada in Youth Unemployment in Canada: Challenging Conventional Thinking? Continue reading
Experienced and inexperienced workers across India struggle to find suitable jobs and most end up in positions not commensurate with their education, Randstad India’s Workmonitor study said Continue reading
If you’re a college graduate and you’re unemployed, you might have an idea of what I’m about to talk about. You’ve spent four years of your life hitting the books, getting good grades, participating in relevant extra-curricular activities, and maybe even juggling a part-time job in between. You’ve worked really hard for your degree and … Continue reading
The college class of 2012 is in for a rude welcome to the world of work. A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don’t fully use their skills and knowledge. Young adults with bachelor’s degrees are increasingly scraping by in lower-wage jobs — … Continue reading
As a series of demographic and economic shifts intensely converge, creating a “Human Age,” a range of population groups are being alienated from work opportunities in the global economy writes ManpowerGroup in Wanted: Energized, Career-Driven Youth. (Adapted excerpts by Job Market Monitor following) Young workers are most affected and have been labeled a lost generation of … Continue reading
A plurality of the American public believe that young adults are having the toughest time of any age group in today’s economy — and a lopsided majority says it’s more difficult for today’s young adults than it was for their parents’ generation to pay for college, find a job, buy a home or save for … Continue reading
With youth unemployment standing at a near-record 22 per cent in the UK, talk of a “lost generation” is growing ever louder. Policymakers are right to be concerned. Of course, the fact that the young are struggling to find work is largely a question of demand. The economic environment is making businesses wary of hiring … Continue reading