What are young people thinking as they search for jobs in a tough labour market? | CBC News
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What are young people thinking as they search for jobs in a tough labour market? | CBC News
"Thousands of young people are turning to job fairs to try and stand out in person, but the competition remains intense. More than 5,000 attended a recent job fair in Calgary."
"Young workers continue to be disproportionately affected by a weakening job market, making up about half of all job losses in the first three months of this year, despite representing just 14 per cent of the labour force."
"In the economic context where businesses are less willing to hire, it will be the youth that is going to take the brunt of it, said Charles St-Arnaud, chief economist of the Servus Credit Union."
"According to Statistics Canada's most recent labour force survey, the unemployment rate for Canadians aged 15 to 24 was 13.8 per cent in March, compared with 6.7 per cent overall."
Young Canadians are struggling to find jobs, with many applying to numerous companies without success. Recent graduates and students report difficulties even in securing interviews, despite attending job fairs. The job market is particularly tough for youth, who have experienced significant job losses, making up half of all losses despite being only 14 percent of the labor force. The unemployment rate for those aged 15 to 24 is significantly higher than the overall rate, indicating a challenging economic environment for young job seekers.
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