University grads have trouble out of school, but perform well in the long run: study

It has become more difficult for university graduates to find a job straight out of school, but having a degree still appears to pay off in the long run, according to a new study from Indeed.com using data from Statistics Canada. The study notes that while the overall Canadian unemployment rate is slightly lower than it was before the 2008-09 recession, jobless rates among those under 25 with university degrees are higher. In 2018, the unemployment rate among young grads was 8.9%, down a bit from two years earlier, but still above its 7.8% average between 2000 and 2008. The report adds that young grads could also be facing challenges affecting youth more broadly, such as a declining share of employees under 25 with permanent jobs. CBC (National)