Canada’s economy continues to head in the wrong direction.
Youth unemployment in Canada is surging.
Amid a massive influx of immigrants due to the reckless move by the Liberals – supported by the NDP – of massively expanding the temporary foreign worker program, young Canadians are struggling to find jobs.
Here’s what the Statistics Canada data shows:
“On average from May to August 2024, the unemployment rate for returning students aged 15 to 24 was 16.7%, up from 12.9% in 2023. The unemployment rate for the summer of 2024 was the highest since 2012 (when it was 17.6%), excluding the summer of 2020.
The unemployment rate of returning students over the summer months of 2024 was up for both young men (+4.5 percentage points to 18.1%) and young women (+3.3 percentage points to 15.5%) compared with the same period in 2023.
The unemployment rate increased for returning students across all age groups in the summer of 2024 compared with the summer of 2023. Among the youngest—those aged 15 and 16—more than one-quarter (27.0%) were unemployed this summer (up from 22.1% in 2023). For returning students aged 17 to 19, the unemployment rate was 17.7%, up from 12.5% in 2023. For older returning students—those aged 20 to 24—the unemployment rate was 11.1%, up from 8.3% in 2023.”
The Trudeau era looks like it will be known for ushering in a lost generation following a lost decade economically.
And now, many young Canadians are part of Generation Jobless.
Spencer Fernando
