StatsCan data confirms unemployment holding steady

July 7, 2013

The youth unemployment rate has held steady at 13.8%, which is only .2% higher than in May and virtually the same as in June 2012, according to the latest Labour Force Survey (LFS) data from Statistics Canada. The numbers are based on youth aged 15 to 24, and are seasonally adjusted, which means the results are adjusted by removing the effects of seasonal variations. StatsCan also released a study on “Changing labour market conditions for young Canadians,” which reports that both men and women under 25 years old experienced lower employment outcomes between 1981 and 2012, but that women fared better than men. Unemployment rates for women have only increased by .9% since 1981, while for men unemployment has gone up by 2.2%.Statistics Canada: LFS | Statistics Canada: Changing labour market report