July 21, 2024

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Jobless summer: Why youth unemployment is at a decade high

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Youth unemployment jumped to 13.5% in June, a level not seen since September of 2014, excluding the pandemic

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Youth unemployment jumped last month to 13.5 per cent, a level of joblessness among Canadians aged 15 to 24 not seen since September of 2014, excluding the pandemic.

Since June of last year, youth unemployment jumped by 2.1 per cent. Brendon Bernard, economist with Indeed Canada, says deteriorating business sentiment and a population boom is driving this spike in unemployed young people.

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Jordan Gowling

2024-07-10 06:00:45

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