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Old 06-11-2025, 09:26 AM   #264
Cappy
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Originally Posted by chemgear View Post
CBC has a piece about the rising youth unemployment in Canada. Even engineering is no lock.

https://www.cbc.ca/news/business/you...0the%20economy.

"It's bleak," said the 23-year-old graduate of the University of Calgary's media and communications program. She hasn't been able to find a job in her field and said she intends to pursue a master's degree.

"I believe that it's tough just because of everything that's happening with the economy, with our society and with politics," she said. "There's a whole [lot] of talk about 'there's a recession coming.' I'm not an economist, but I can also see it as well."

Chung is part of a generation facing Canada's highest youth unemployment rate in about a quarter-century.

Fast forward to 2025, and Canada's youngest workers are grappling with a perfect storm of economic conditions: an inflation crisis that came on the heels of a pandemic; a surge in population growth that has outpaced the number of available jobs; and now, a country teetering closer to recession as the U.S. trade war wreaks uncertainty on the economy.

The federal government and public policy experts prescribed higher immigration as an antidote to the shortage, which led to a rise in the Gen Z and millennial working population.

"I spent two hours sweeping yesterday, and I have a mechanical engineering degree," said 24-year-old Ben Gooch of Dundas, Ont.
Millennials:

Spoiler!
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