Canadian youth need more help in job market

March 26, 2012

With regard to Canada's youth employment rate, which is double the overall jobless rate, Youth Employment Services' president says the "situation is bad, because we need our young people in the workforce, we need their energy and new ideas and we need them to pay taxes." Organizations such as YES are pushing the government and the private sector to take more action by introducing more accessible co-op and professional job placements. Today's youth are in a uniquely difficult situation, says a TD economist. In a recent report, he found that increased competition leads PSE graduates to take jobs further away from the subjects of their degrees, or pulls them out of the job market altogether. While Canadian youth still fare better than many of their international peers, YES' president contends that the situation here is not being adequately addressed. There are more unemployed youth than the recorded figure, as a lot of young people aren't collecting Employment Insurance or welfare, she says. Only youth who collected are recorded in Canada's unemployment figures. CBC | TD report