Employer demand for youth labour has fallen
Employer demand for the Summer season Jobs Program is decrease this 12 months than in earlier years, information supplied by ESDC exhibits.
The division obtained 44,821 requests from companies for funding to assist 225,766 jobs throughout the software interval late final 12 months. That’s roughly 2,000 fewer purposes and virtually 9,000 fewer jobs than in every of the earlier two years.
Bernard mentioned youth unemployment is larger in the present day than in 2019, the final time Canada’s emptiness charge was roughly this low.
The right way to pay for college and have a life—a information for college students and fogeys
That means there’s extra slack increase within the youthful finish of the labour pool, he mentioned.
“One thing has hit the youth labour market in another way than the labour marketplace for older staff,” Bernard mentioned.
One rationalization might be latest inhabitants progress tendencies that noticed a surge in largely youthful staff coming into Canada over the previous few years, he mentioned.
However Bernard additionally mentioned an absence of mobility amongst older Canadian staff is making a “site visitors jam” within the labour market.
“One other potential issue that has impacted youth employment not too long ago is simply how sluggish job-switching has been,” he mentioned.
