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  • 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
  • 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
  • Canada-China FTA will leave workers worse off June 2, 2017
    Global Affairs Canada is currently consulting Canadians on a possible Canada-China free trade agreement. In CCPA’s submission to this process, CCPA senior researcher Scott Sinclair argues that an FTA based on Canada’s standard template would almost certainly reinforce rather than improve upon Canada’s imbalanced and deleterious trade with China. It can also be expected to […]
    Canadian Centre for Policy Alternatives
  • Faulty assumptions about pipelines and tidewater access May 30, 2017
    The federal and Alberta governments and the oil industry argue that pipelines to tidewater will unlock new markets where Canadian oil can command a better price than in the US, where the majority of Canadian oil is currently exported. Both governments have approved Kinder Morgan's Trans Mountain Expansion Project, but a new report finds that […]
    Canadian Centre for Policy Alternatives
  • Weathering the storm: is this the end of CRA’s political activities audits? May 5, 2017
    Yesterday, following a panel’s recommendation to allow charities more freedom to speak out, the federal government decided to suspend the Canada Revenue Agency’s controversial political activities audit program. Indeed this is good news for Canadian charities. Everyone at the CCPA is proud of the role our organization has played in challenging these audits and in […]
    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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