According to the OECD, youth unemployment must be paid attention to because of its negative implications for young graduates’ future careers called “scarring effects”.
The youth unemployment rate in Canada was 14.2% in 2011, a 0.6% drop from 14.8% in 2010 and a 1.0% drop from 15.2% in 2009. According to the OECD, youth unemployment must be paid attention to because of its negative implications for young graduates’ future careers called “scarring effects”. In the 2000-2011 time period, the overall trend has been towards higher unemployment, a small increase (1.5%) in the national average. Amongst CMAs, we see a wide range of youth unemployment rates: in 2011, London’s rate was 20.5% and Edmonton’s was 9.2%.
The unemployment rate of youth as a percent of the total unemployment rate increased 3.7% from 2010 to 2011. Since the relative supply of youth in the labour market has fallen, one might expect their relative labour market performance to improve but paradoxically, this has not been the case.
Posted 7 months ago.
Terry Jackson had a lot to share with the Huronia Community Foundation. The Chair of Community Foundations of Canada’s Board of Directors recently addressed the foundation’s Annual... More
Year: 2012Posted 7 months ago.
Along with our national report – Canada’s Vital Signs 2012 – Vital Youth - community foundations in 14 communities across Canada also released Vital Signs 2012 reports last week.... More
Year: 2012Posted 7 months ago.
Community Foundations of Canada’s recent Vital Youth Café brought together a multitude of individuals – mainly youth, but there were also others on hand to help move the... More
Year: 2012Posted 6 months ago.
On October 17th, nearly 700 Calgarians celebrated their vibrant city at The Calgary Foundation’s 2012 Vital City Celebration. More
Year: 2012Posted 8 months ago.
Sustainability has long been a hot-button issue in Clayoquot Sound. Twenty years ago, the community was at a crossroads, with residents looking for ways to be more sustainable while continuing the... More
Year: 2012Posted 8 months ago.
The 2012 Ontario Summer Games may have taken place in August, but the reverberations are still being felt through Playing for Keeps Neighbourhood Games. A cross-sector legacy initiative of over 30... x 3 More
Year: 2012