C.D. Howe study: Share of long-term unemployed young Canadians hits multi-decade highs
Key points
- 27% of unemployed men aged 20-24 have been jobless six months or more, the highest since 1983
- 28% of unemployed women aged 20-24 have been jobless six months or more, the highest since at least 1976
- This year, degree holders fared no better than those with high school or less in job search duration
A C.D. Howe Institute report by Parisa Mahboubi and Tammy Schirle finds 27% of unemployed men aged 20-24 have been jobless six months or more, the highest since 1983; for women it is 28%, the highest since at least 1976. Degree holders fared no better than those with high school or less this year. The report points to a low-hiring, low-firing labour market and tariff uncertainty as challenges.
Original report: The Globe and Mail ↗AI-assisted brief; may contain inaccuracies. Rely on the original reports and official documents.