EISEN: Canada's summer job market slump is bad news for young people in more ways than one
According to new data from Statistics Canada, young Canadians are facing a historically challenging job market. In June, the unemployment rate for young people (aged 15-24) was 14.2%, up from 13.5% in June 2024, which was already a bad year in historical terms. By comparison, in the pre-pandemic years from 2017 to 2019, the average youth unemployment rate in June averaged 10.9%.
If you’re a young Canadian, or are related to one, this likely comes as no surprise. Summer jobs are getting harder to find.