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Mar 23, 2022 · The COVID-19 youth economic activity and health monitor Note (YEAH) project at University College London (UCL) in collaboration with Statistics Canada and other institutes in Europe aimed to shed light in this area by examining the pandemic’s impacts on the dynamics of youth employment and well-being. Indeed, very few countries managed to avoid a hit to their economy or young people’s ...
Oct 8, 2024 · Nearly 65 million youth worldwide are unemployed, with many young people at the start of their work life having been impacted by the pandemic. The Global South, especially Sub-Saharan Africa, is particularly affected – with just three new jobs created for every 11 young Africans entering the workforce.
- Introduction
- Youth Aged 15 to 30 Are Less Likely to Have A Job Than Older Canadians
- Pay Rates Differ Across Age Groups
- Conclusion
- References
The Canadian labour market has seen many changes over the last fewdecades. Digital technologies have changed the content of a number of jobs.International trade with emerging countries has risen. As a result ofautomation, international competition, and firms deciding to relocate abroad, theshare of jobs in manufacturing has dropped. Unionization ra...
Part of the difference is due to youth school enrollment
The percentage of Canadians who are employed varies across age groups. Overall, Canadian youth aged 15 to 30 are less likely to have a job than older Canadians. In 2019, the employment rate of young Canadians—the percentage of the youth population who is employed—was 67.3%, lower than that of their counterparts aged 31 to 44 (83.7%) or aged 45 to 54 (83.6%) (Chart 1).Note 1 Several factors underlie lower employment rates for youth. Young Canadians participate less often in the labour market,...
Youth employment rates vary substantially across education levels
Employment rates also vary across other groups of young Canadians. For example, young Canadian-born individuals were, regardless of their student status, employed slightly more often than young immigrants in 2019 (Chart 2). Young men and young women had virtually identical employment rates overall, but among those not in school full-time, young men had slightly higher employment rates (80.5%) than young women (78.8%). Far greater differences are observed across education levels, with highly e...
The employment rates of young men and young women followed different trajectories since the mid-1970s
The employment rates of the young Canadians who were not in school full-time have fluctuated over the last four decades. During the 1981–1982 recession, the 1990–1992 recession and, to a lesser extent, the 2008–2009 recession, the percentage of employed young men fell (Chart 3). Recessions also reduced the employment rates of older men, but the declines for them were smaller.Note 6Nevertheless, the employment rates of young men who were not full-time students hovered around 80% from 1976 to 2...
Part of the difference in pay rates is associated with the lower experienceof youth in the labour market
Like employment rates and jobtypes, pay rates for Canadians vary across age groups. This is true regardlessof student status. In 2019, young employees not in school full-time earned an averageof $22.63 per hour (Chart 8). The average hourly wage was $30.90 for theircounterparts aged 31 to 44 and $31.70 for those aged 45 to 54. These differences in pay ratespartly reflect the fact that young workers are over-represented in part-timejobs and that part-time jobs generally pay less, on an hourly...
Higher pay among highly educated youth
Differences in pay rates areobserved across other groups of young Canadians as well. Even though they weremore highly educated than young menNote 14,young women not in school full-time and employed in full-time jobs earned an averageof $22.94 in 2019, about 6% less than the $24.43 earned by young men (Chart 9). Substantial wage differences areobserved between highly educated young Canadians and their less educatedcounterparts. For example, young bachelor degree holders not in schoolfull-time...
Since the early 1980s, pay rates of young women increased substantiallywhile pay rates of young men changed little
Pay rates for young Canadianemployees have not grown steadily over the last few decades. Young men aged 17to 34 employed full-time saw their median real hourly wages drop from 1981 to thelate 1990s, remain stagnant up until the mid-2000s, and grow significantly fromthe mid-2000s to 2009—partly as a result of the oil boom Canada experiencedduring that periodNote 15 —andfrom 2017 to 2019 (Chart 10).Note 16 By 2019, their median real hourly wages were about 2% higher than they had beenin 1981. I...
Young Canadians have experienced diverse trajectories in the labour market over the last four decades. From the early 1980s to 2019, young women have substantially increased their presence in the labour market, have seen their unemployment rate trend downwards, and have registered substantial overall wage growth when employed full-time. They were a...
Brunet, S. 2018. “The transition from school to work: the NEET (not in employment, education or training) indicator for 25-to-29 year old women and men in Canada”, Statistics Canada: Education Indicators in Canada: Fact Sheet, Catalogue 81-599-X, No.13. Frenette, M., D. Messacar and T. Handler. 2020. “Potential earnings losses among high school and...
Jun 27, 2024 · The slowdown in the youth labour market has been particularly significant. From January 2023 to May 2024, the youth unemployment rate (15–24) rose from 9.7 to 12.6 percent. Meanwhile, the youth employment rate fell from 59.4 to 55.6 percent. The 3.8 percentage point decline in Canada’s youth employment rate since January 2023 is slightly ...
growth will have a positive impact on youth employment conditions nation-wide, but economic uncertainty continues to plague forecasts. Given the immediate and future cost associated with youth unemployment and underemployment, this report takes the view that waiting for economic uncertainty to dissipate before taking policy action
Yes, at least at the global level and in terms of the youth unemployment rate and also in terms of the youth employment-to-population ratio. In 2023, 64.9 million young people aged 15 to 24 were unemployed worldwide. This is the lowest number to date in the twenty-first century and nearly 4 million fewer than the number of unemployed youth in ...
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4 The Effectiveness of Interventions to Increase Youth Employment 5 The Effectiveness of Interventions to Increase Youth Employment Introduction Youth unemployment and low pay are persistent problems across the world. Young people are more likely to be unemployed, and they have been hit harder by the Covid-shock than others.1 Young people from
