Skip to main content

The Globe and Mail

Canadian youth at risk of chronic unemployment: report

Toronto, Ont. October 20, 2009 - Benjamin Tal, senior economist, CIBC World Markets for Lets Talk Investing with Rob Carrick. Tal was lead author of a study released June 20, 2013 that found Canadian youth to be at a higher risk of chronic unemployment despite being more educated than ever before.

Anne-Marie Jackson/The Globe and Mail

A new report says Canadian youth face the risk of chronic unemployment despite being more educated than ever.

The report by CIBC says a lack of summer jobs and part-time work makes it difficult for youth to gain the experience necessary for permanent positions.

About 420,000 youth aged 15 to 24, or nearly one in 10 young Canadians, are neither employed nor enrolled in school.

Story continues below advertisement

CIBC deputy chief economist Benjamin Tal — the study's author — says these youth likely do not have the skills necessary to compete in the labour market and will likely remain chronically unemployed.

The report suggests combining education and work-related training to help youth find jobs while in school.

It also says that the government and corporate Canada should be more focused and effective in preventing further worsening of the situation.

"For Canada's economy to grow and our standard of living to remain high, this is an imperative," Mr. Tal said.

Report an error

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨