{"id":200574,"date":"2025-09-04T21:37:27","date_gmt":"2025-09-04T21:37:27","guid":{"rendered":"https:\/\/www.europesays.com\/us\/200574\/"},"modified":"2025-09-04T21:37:27","modified_gmt":"2025-09-04T21:37:27","slug":"youth-unemployment-is-now-at-level-seen-during-a-recession-report-shows-national","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/200574\/","title":{"rendered":"Youth unemployment is now at level seen \u2018during a recession,\u2019 report shows – National"},"content":{"rendered":"

Canada\u2019s youth unemployment<\/a> crisis is worse than it looks and teens are the hardest hit, a new report by Desjardins<\/a> says, noting it is now at a level normally seen \u201cduring a recession<\/a>.\u201d<\/p>\n

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The report says Canada\u2019s youth unemployment has worsened since 2022, with overall youth unemployment rising from 10 per cent in 2022 to 14 per cent in mid-2025.<\/p>\n

Nearly one in five Canadian teens want to work but cannot find any jobs, the report noted.<\/p>\n

It added that young adults, aged 20 to 24, also saw a mild increase in unemployment over the three-year period, from nine per cent to 11 per cent.<\/p>\n

\u201cDespite the relative resilience of the Canadian labour market in the face of trade war uncertainty, the youth unemployment rate has spiked. The increase has been particularly pronounced among Canada\u2019s youngest workers,\u201d the report by Desjardins economists Kari Norman and Randall Bartlett said.<\/p>\n

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While youth unemployment has traditionally been higher than unemployment among core-aged workers (aged 25 to 54), the gap seems to be widening.<\/p>\n

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\u201cThe youth unemployment rate has risen much faster than the unemployment rate for older age cohorts and is now at a level more commonly seen during a recession,\u201d the report read.<\/p>\n

Rapidly rising youth unemployment is usually a sign of economic turbulence, including recessions or economic downturns, the report added.<\/p>\n

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\u201cLooking back over the past half century, we see that each of the previous upticks in Canada\u2019s youth unemployment rate corresponded with a recession,\u201d it said, adding, however, that the current uptick is \u201cunusual\u201d since Canada has not been in a recession.<\/p>\n

A recession is defined by two consecutive quarters \u2014 meaning, two back-to-back three-month periods \u2014 where the country\u2019s economic output as measured by gross domestic product shrinks.<\/p>\n

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