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  • How to make NAFTA sustainable, equitable July 19, 2017
    Global Affairs Canada is consulting Canadians on their priorities for, and concerns about, the planned renegotiation of the North American Free Trade Agreement (NAFTA). In CCPA’s submission to this process, Scott Sinclair, Stuart Trew and Hadrian Mertins-Kirkwood point out how NAFTA has failed to live up to its promise with respect to job and productivity […]
    Canadian Centre for Policy Alternatives
  • What’s next for BC? July 4, 2017
    Five weeks ago the CCPA-BC began a letter to our supporters with this statement: “What an interesting and exciting moment in BC politics! For a bunch of policy nerds like us at the CCPA, it doesn’t get much better than this.” At the time, we were writing about the just-announced agreement between the BC NDP […]
    Canadian Centre for Policy Alternatives
  • Could skyrocketing private sector debt spell economic crisis? June 21, 2017
    Our latest report finds that Canada is racking up private sector debt faster than any other advanced economy in the world, putting the country at risk of serious economic consequences. The report, Addicted to Debt, reveals that Canada has added $1 trillion in private sector debt over the past five years, with the corporate sector […]
    Canadian Centre for Policy Alternatives
  • The energy industry’s insatiable thirst for water threatens First Nations’ treaty-protected rights June 21, 2017
    Our latest report looks at the growing concerns that First Nations in British Columbia have with the fossil fuel industry’s increasing need for large volumes of water for natural gas fracking operations. Titled Fracking, First Nations and Water: Respecting Indigenous rights and better protecting our shared resources, it describes what steps should be taken to […]
    Canadian Centre for Policy Alternatives
  • Betting on Bitumen: Alberta's energy policies from Lougheed to Klein June 8, 2017
    The role of government in Alberta, both involvement and funding, has been critical in ensuring that more than narrow corporate interests were served in the development of the province’s bitumen resources.  A new report contrasts the approaches taken by two former premiers during the industry’s early development and rapid expansion periods.  The Lougheed government invested […]
    Canadian Centre for Policy Alternatives
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The Progressive Economics Forum

Measuring Youth Unemployment

Miles Corak has a great post up about Paul Krugman’s “favourite gauge” of unemployment, the employment rate.  Looking at the ratio of employed to population for working age men, he shows that the employment recovery in Canada appears to have stalled, moving very little since January 2011.

The graph below shows youth unemployment (right axis) and employment (left axis) from January 2007.  In August 2012, youth unemployment was 14.8% – an improvement of 1.6 percentage points since the peak of the recession.  The youth employment rate in August, however, was actually at its lowest point since the recession hit, with only 54% of youth aged 15-24 employed.  So, by the employment rate, there has been no lasting recovery for youth.

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Comments

Comment from Brandon L
Time: September 16, 2012, 2:12 pm

Not forgetting to mention many youth are starting with debt that cannot be discharged in bankruptcy, are watching prices rise for basic necessities without matching wages, salaries, or incomes, expected to pay for baby boomers.

The typical social liberals (me) don’t care who you sleep with, choose too marry(polygamists, homosexual, heterosexual, asexuality), put whatever drug into your own body. This demographic which was poison to social conservatives, or % of old people. How many young people agree with the above is the majority

New Right from this group state only in living in one means is conservative enough(much easier sell politically) especially after watching their parents, or themselves take on to much debt. New Right states – the govt assumes the right to take your property without your consent – through taxation, and the coperations (and especially the creditors of banks, who hold their bonds) also assume the right to take your property without your consent through inflation, higher cost of life

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