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Youth unemployment: a serious problem in Canada - Yahoo! Finance Canada - 1 views

  • Canadian job market is faring well unless you're a student seeking well-paying summer work or a graduate
  • Canada's total jobless rate currently sits at an acceptable 7.4 per cent. But for those in the 15- to 24-age bracket, the unemployment figure is much higher: 14.7 per cent.
  • Typically, youth unemployment is double that of the national average
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  • the obstacles youth must overcome to finding gainful employment — be it temporary summer work or a permanent position — has never been more daunting.
  • the youth are always the hardest hit and they take the longest time to get out from under the recession impact on employment.
  • There's just not enough (jobs) to go around. So if students aren't out there early and aggressively they won't get one
  • f you've graduated (from college or university) and you want to start paying off your (student loan) debt and get on with your life, it's very difficult to do that on a part-time job."
  • "There's a lot of part-time activity happening but i
  • Parents would've expected their 20-something children to be independent but they're just not able to do that
  • "Hopefully, both parents are working and they're able to stay at home but for a lot of young people that's just not possible."
  • in big cities like Toronto, there are more youth seeking out homeless shelters
  • Job experience tends to be the biggest hurdle for the 15- to 24-year-old age group when it comes to impressing an employer.
  • "There are a lot of youth that are still demanding that they get paid for entry-level work assignments. I think that that is a bad choice for youth.
  • The first couple of jobs they do by way of an unpaid intern gives them a leg up," Parker says.
  • Many of those unpaid intern programs end up as full-time, paying careers for them and every major employer across the country has dedicated unpaid intern programs.
  • Work experience is absolutely critical. No matter what you graduated with, if you don't have real work experience you're going to have a challenge."
  • Meanwhile, there's little help coming from provincial and the federal government these days it seems. Austerity budgets at the both government levels are seeing civil servants laid off.
  • there's no encouragement at this point by the federal government for the private sector to do job creation (for youth).
  • What you study can be the difference
  • If young people choose to go the route of college, they can get excellent job skills and they have a higher placement rate directly from college into work.
  • current and future post-secondary students need to take a hard look at what their course of study is and whether or not it'll lead to employment upon graduation.
  • "When I talk to high school teachers and guidance councillors about the kind of programs being offered to youth talk about 'what's your dream job?' versus educating kids on what jobs will be available to them," she says.
  • Know how to sell yourself
  • the secret to landing a job is in knowing how to sell oneself.
  • "You have to be as competitive as someone who's been in the job market for 10 years," she says. "You've got to know how to do a job search, how to write a résumé, and you need to convince the employer that even though you haven't done a job before that you're a quick-learner and you're creative."
  • *Target respected employers that best matches your skill set
  • *Offer to do free summer work for the sake of gaining experience and don't be picky about what's offered *When applying to post-secondary institutions, choose schools that provide intern programs *Be knowledgeable about where employment demand will be in the future and ensure your skills are also in demand
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    Youth unemployment is high because of little or no job experience, type of major isn't in demand, and not knowing how to sell oneself, which causes problems like 20 year old people living with their parents
faseehthemoonman

My Education Has Value » Unemployment not as dire as after past recessions - 1 views

  • Young people aged 15 to 24 years are also finding jobs faster than any other age group, the accounting group found. Nearly half of unemployed youth found a job within one to four weeks in 2011, while the average unemployment period was just 11 weeks
  • 5 per cent still jobless after looking for work for a year
  • Youth underemployment is a huge issue.
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  • The need to research the causes of underemployment. The need to develop more higher-skilled, higher-wage jobs
  • Greater use of school-employer partnerships to better match employers’ needs and workers’ skills.
Erica Yeo

Divisions between haves and have-nots begin with having skills - or not - The Globe and... - 1 views

  • Baby boomers are targeted because after struggling to get an education in skills that would land a job, and after decades of effort, they have accumulated some wealth.
  • To them, we symbolize intergenerational inequality.
  • Your future will be defined by how well you learn skills that match the needs of the job market. Those who gain useful skills will find higher paying, more rewarding jobs; those without that knowledge will face low-paying, unstable prospects.
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  • fail to report what portion of their graduates find work that requires a university education.
  • large numbers of unfilled jobs co-existing with high levels of youth unemployment.
  • what if Canadian universities were the root cause of the skills gap, rather than the solution?
  • progressively widening inequality gap between members of your own generation.
  • 40 per cent of Canadian university graduates aged 25 to 29 were employed in “low-skill” jobs,
  • Canadian graduates turning to jobs-focused colleges for further training.
  • reduces Canadian productivity and prosperity
  • they just keep spending public money to produce graduates with few job prospects,
  • And the class of 2013 may come to realize that the most damaging inequality is not that of financial disparity, but rather the inequality of hope.
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    Discussion Questions: 1. Why should a widening financial income gap be concerning to the economy? 2. What are the economic differences of the baby boomer's generation (1940's-1960's) and the current generation? Do you think these differences affected the education requirement of today's jobs?
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