At 23, brimming with enthusiasm, new university graduate Sophie Bifield hit the ground running in search of a full-time job.
But 18 months later, after contacting more than 300 employers, the Queen's University psychology major was unemployed and disillusioned, her dream of a career in marketing derailed by the global economic crisis.
Ms. Bifield's lengthy bout of joblessness mirrors the predicament facing thousands of young job seekers as another school year ends: surging youth unemployment.
The jobless rate for those in the 15-to-24-year-old age group in 2009 jumped to almost 19 per cent in industrialized countries from about 13 per cent in mid-2008, before the recession hit, according to an April report by the Organization for Economic Co-operation and Development. It was the largest year-over-year rise in at least 10 years, the group said. OECD Secretary-General Angel Gurria said youth joblessness is likely to stay high for the next two years, creating the potential for a "lost generation."
In Canada, where the downturn was milder, youth joblessness hit 15.1 per cent in May, a slight improvement over April - but still near an 11-year high.
Such rates don't bode well for young Canadians looking for full- or part-time work this summer and beyond, says Nancy Schaefer, president of Toronto-based Youth Employment Services (YES), one of the largest centres for jobless youth in Canada.
"In my 21 years here, things are as hard for young people as I have ever seen," Ms. Schaefer says. "If this economy doesn't pick up soon, this generation is going to lose hope."
It's not just summer earnings that are at risk. The potential for long-term career "scarring" is significant, experts say, ranging from lower-than-expected salaries to delayed career progression to a lack of overall job satisfaction in ensuing years.
And it's not just the economy that is at fault. A coddled generation that was promised it all - and never imagined or prepared for things to go in the opposite direction - will also need to rein in their expectations, the pros say.
Among the repercussions of high youth unemployment:
Stalled career development
To make ends meet, many young people may be forced to take lower-skilled, lower-paying jobs that don't make use of or develop their talents, says Janice Rudkowski, director of marketing and communications for Career Edge Organization in Toronto, a not-for-profit group that works with employers to arrange internships for graduates.
Given the jobs shortage, keen competition for fewer positions, and baby boomers who are reluctant to retire, younger workers may be stuck on the lower rungs for much longer than in the past, impeding their progress up the career ladder.
As a result, they may "miss out on early career lessons, from how organizations work to how to get along with different types of people," says career expert Barbara Moses, author of What Next? Find the Work That's Right for You. They may also miss out on developing critical skills associated with more senior jobs, Dr. Moses says.
Falling off the radar
If they remain unemployed or underemployed for too long, younger workers may find the skills they learned in college or university gathering dust, and they risk becoming stale in the eyes of employers and being passed over in favour of the next crop of fresh graduates, Ms. Rudkowski says.
"Employers want new talent … so these people are often overlooked, especially if they have been out of school for a year or more," she says.
Slow career advancement
Upward moves that happened within a year in better days now take two to three years, says Adwoa Buahene, managing partner at n-gen People Performance Inc. in Toronto.
"Unless they can figure out what value they have and what the expectations are of companies, they need to understand that progression in a career will be much slower, and they will be frustrated," Ms. Buahene says.
Lower and slower career progress will also mean lower and slower pay increases. Many young people won't bring home what they'd been hoping for early in their careers, says Sean Lyons, an assistant professor of business at the University of Guelph, who co-wrote a recent study on the career expectations and priorities of the generation born in and after 1980.
His research found that more than two-thirds of those surveyed expected to be promoted within the first 18 months in their first job. And they expected their paycheques to climb rapidly within five years of graduation.Report Typo/Error