Main menu:

History of RPE Thought

Posts by Tag

RSS New from the CCPA

  • Kate McInturff Fellowship in Gender Justice September 19, 2018
    The CCPA is pleased to announce the creation of the Kate McInturff Fellowship in Gender Justice.This Fellowship is created to honour the legacy of senior researcher Kate McInturff who passed away in July 2018. Kate was a feminist trailblazer in public policy and gender-based research and achieved national acclaim for researching, writing, and producing CCPA’s […]
    Canadian Centre for Policy Alternatives
  • The buck-a-beer challenge Ontario deserves September 6, 2018
    Ricardo Tranjan proposes an alternate plan to Doug Ford's buck-a-beer challenge in the Toronto Star.
    Canadian Centre for Policy Alternatives
  • Growing number of professionals face job insecurity, study finds September 6, 2018
    The Toronto Star's Sara Mojtehedzadeh discusses the findings of the CCPA Ontario's report, No Safe Harbour and gathers firsthand accounts from precariously employed professionals who live and work in Ontario.
    Canadian Centre for Policy Alternatives
  • Our Schools/Our Selves: The view from West Virginia September 4, 2018
    Our latests publication, Lesson Here, digs in to the West Viriginia teachers' strike.  Read the firsthand accounts of the work stoppage here.
    Canadian Centre for Policy Alternatives
  • What do the two largest mining disasters in Canada's and Brazil's history have in common? August 20, 2018
    Tailings dam spills at Mount Polley and Mariana: Chronicles of disasters foretold  explores the many parallels between the tailings dam spills at the Mount Polley mine in British Columbia, Canada, and the Samarco mine in Mariana, Minas Gerais, Brazil. The Mount Polley disaster took place in August 2014, when the dam holding toxic waste from […]
    Canadian Centre for Policy Alternatives
Progressive Bloggers

Meta

Recent Blog Posts

Posts by Author

Recent Blog Comments

The Progressive Economics Forum

“Real” Youth Unemployment Rate Close to 20%

Statistics Canada’s “real” (R8 supplementary) unemployment rate adds to unemployed persons some labour force dropouts (discouraged job seekers who have given up looking for a job in the belief that no work is available) and the  hours of work lost by part-time workers who would rather have worked full-time.

In 2011, the “real” rate averaged 10.6%, up significantly from the pre recession low of 8.6% in 2007.

The increase in the “real” rate for workers aged 25 to 54 has been fairly modest, up 1.6 percentage points from 7.2% to 8.8% compared to 2007.

But the increase in the “real “rate for young workers compared to 2007 has been stunning: up 4.3 percentage points from 15.4% to 19.7% (from 16.2% to 21.0% for young men, and from 14.4% to 18.2% for young women.) The “real” youth rate has slipped only a touch from the high of  20.3% in 2009.

So, to state the blindingly obvious, we are very, very far from a meaningful recovery for young workers.

 

Enjoy and share:

Comments

Comment from Brandon L
Time: January 18, 2012, 4:48 am

The youth are like those on fixed incomes are adversely effected by any increase in inflation that is not met by an increase in wages, for the youth lucky enough to retain employment. The unemployed youth do not have assets built up, no stocks, no bonds. The youth if this was a traditional bout of deflation, would not have higher prices crippling them, even if they get a job wages have not met price increases causing the amount of time to increase to purchase goods & services. Ignore Inflation at the youre own peril.

Write a comment





Related articles