Anonymous
(ID: XOeaaUBt)
6/13/2025, 12:06:04 AM
No.507138280
>>507138418
>>507138461
>>507138596
>>507138696
>>507138816
>>507138825
>>507138877
>>507138898
>>507138913
>>507139080
>>507139106
>>507139149
>>507139166
>>507139433
>>507139531
>>507139624
>>507140637
6/13/2025, 12:06:04 AM
No.507138280
>>507138418
>>507138461
>>507138596
>>507138696
>>507138816
>>507138825
>>507138877
>>507138898
>>507138913
>>507139080
>>507139106
>>507139149
>>507139166
>>507139433
>>507139531
>>507139624
>>507140637
Young men in Canada facing record high 20% unemployment
canada.jpg
md5: 4d9da410... 🔍
>Graduating into uncertainty, Canada’s Gen Z is confronting one of the bleakest youth job markets in decades. According to new data from Statistics Canada, the unemployment rate for Canadians aged 15 to 24 is at its highest level since the mid-1990s, excluding the pandemic era. This growing crisis, fueled by inflation, overpopulation, and a looming recession, has many young Canadians feeling stalled at the starting line of adulthood.
>With 1.6 million Canadians unemployed, reaching a near-decade high, youth unemployment is alarming, surpassing 20% for young men.
>The economic storm began with a post-pandemic hiring surge that quickly reversed as inflation climbed and the Bank of Canada raised interest rates. That, combined with record immigration and an aging workforce hanging onto multiple jobs, has created a scarcity of entry-level roles. According to Brendon Bernard, a senior economist at Indeed, hiring enthusiasm faded as employer confidence dropped, hitting young job seekers hardest.
>Many students now find themselves stuck in roles well below their qualifications. Ben Gooch, a mechanical engineering graduate from McMaster University, says he’s applied to over 100 jobs with little success. Instead, he’s sweeping floors at a garden center to make ends meet. Others, like electrical engineering student Thivian Varnacumaaran, report applying to 400–500 jobs with no results. For these young professionals, frustration is growing.
>With 1.6 million Canadians unemployed, reaching a near-decade high, youth unemployment is alarming, surpassing 20% for young men.
>The economic storm began with a post-pandemic hiring surge that quickly reversed as inflation climbed and the Bank of Canada raised interest rates. That, combined with record immigration and an aging workforce hanging onto multiple jobs, has created a scarcity of entry-level roles. According to Brendon Bernard, a senior economist at Indeed, hiring enthusiasm faded as employer confidence dropped, hitting young job seekers hardest.
>Many students now find themselves stuck in roles well below their qualifications. Ben Gooch, a mechanical engineering graduate from McMaster University, says he’s applied to over 100 jobs with little success. Instead, he’s sweeping floors at a garden center to make ends meet. Others, like electrical engineering student Thivian Varnacumaaran, report applying to 400–500 jobs with no results. For these young professionals, frustration is growing.
