PEF home page and weblog
Recessions are always harder on young workers, but we are nearly five years out from the end of the last recession and there is still no recovery in sight for young workers. The paid internships announced in this budget (some of which is previously announced spending) will only reach a maximum of 2,500 individuals per […]
This afternoon I gave a presentation to Professor Ted Jackson’s graduate seminar course on higher education, taught in Carleton University’s School of Public Policy and Administration. The link to my slide deck, titled “The Political Economy of Post-Secondary Education in Canada,” can be found here. Points I raised in the presentation include the following: -Tuition […]
Posted by Nick Falvo under debt, demographics, economic risk, education, employment, household debt, Indigenous people, inequality, post-secondary education, social policy, student debt, student movement, taxation, unemployment, user fees, young workers.
February 6th, 2014
There was a spate of media stories recently on a US report finding that increased employment of seniors has no negative impacts at all on young people also seeking work. In fact, the study by leading US economist Alicia Munnell, looking mainly at the experience of US states, did say that the so-called “lump of […]
The real unemployment rate for Canadians over 25 was 8.8% in April. Not great, for sure, but slightly better than it was in 2009. For youth 15-24, it was up from last April – to 20.9% – so more than 1 in 5 youth are looking for work and can’t find it. In Ontario, it’s closer to […]
A version of this article appeared today in the Globe and Mail’s Economy Lab. (This version includes references to the debate plus charts and graphs from data specially tabulated from Statistics Canada’s Labour Force Survey. The data don’t include the self-employed.) President Obama put the idea of raising the minimum wage on the radar in […]
The Harper government likes to remind Canadians that we’ve done better than most developed nations in bouncing back from the global economic crisis. But digging into the data shows why many people might be having trouble cheering this news: wages have not kept pace with inflation, and new hires are making 40 per cent less […]
This September, like every year, a new group of high school graduates headed to college or university to pursue higher education. But today’s generation of students is in for a very different experience from the ones their parents had. On campuses across the country shiny new buildings are popping up, bearing corporate logos or the […]
Posted by Iglika Ivanova under education, income distribution, inequality, labour market, privatization, public infrastructure, public services, student debt, taxation, user fees, young workers.
October 9th, 2012
So there were 52,000 new jobs in September, but we needed 72,500 to keep up with labour force growth. 33,800 of those jobs were self-employed workers, and none of those jobs were for workers under 25. In the past year, men over 25 have been adding full time jobs, with 116,000 more full time jobs […]
Four years after Lehman Brothers collapsed, it’s time to take stock of things by asking a stock political question: Are you better off now than you were four years ago? Where you stand on the answer depends on where you sit. Many people, businesses and communities are still struggling to regain the ground they lost […]
Posted by Armine Yalnizyan under development, economic crisis, economic growth, employment, global crisis, income distribution, Role of government, social democracy, stimulus, super-rich, US, young workers.
September 14th, 2012
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) […]
Statistics Canada’s monthly job numbers are out, and it doesn’t look great. After big jumps in March and April, there was little change in May and June. In July, total employment fell by 30,000, mostly due to a fall in the numbers of women part-time workers over 55. The unemployment rate rose to 7.3%. Employment […]
As a follow-up to my last post, where I showed R7 – the unemployment rate that includes involuntary part-time, I was curious what the longer term trend was regarding youth and part-time employment. As you can see in the graph below, the proportion of 20-24 year olds engaged in full-time work has steadily fallen since […]
In the summer months, Statistics Canada collects labour force data on students who were attending school full time in March, and who intend to return full time in the fall. The unemployment rate for these students rose compared to June of last year. The June 2012 unemployment rate for students 17-19 was 17.3% (up from […]
On June 7, I gave a keynote address to the Alberta Union of Provincial Employees Education Sector Conference. My PowerPoint presentation (with full references) can be found at this link. Points I raised in the address include the following: -Canada’s economy has been growing quite steadily over the past three decades, even when one adjusts […]
Posted by Nick Falvo under BC, competition, Conservative government, corporate income tax, debt, demographics, education, fiscal federalism, fiscal policy, household debt, income distribution, income tax, inequality, macroeconomics, Newfoundland and Labrador, P3s, part time work, post-secondary education, privatization, productivity, public infrastructure, Quebec, rankings, regulation, Role of government, social policy, student debt, student movement, taxation, user fees, working time, young workers.
June 7th, 2012
Here’s the link to a TVO The Agenda panel I was on this Friday. Good to put some focus on the fact that the “real” unemployment rate for young people is 20%, while the youth employment rate is down a full five percentage points from 2007. My basic take is that it is not very […]
Simon Tremblay-Pepin, an emerging social policy scholar, has recently blogged here (in French) about Quebec tuition fees. He points out that, when one adjusts for inflation, Quebec tuition fees are headed into uncharted territory. Indeed, contrary to some recent spin from the Charest government, Tremblay-Pepin makes two important observations: 1. When one takes an average […]
Last Friday, I blogged here about the Quebec student protests. Subsequently, I was invited to appear on 580 CFRA News Talk Radio, with hosts Rob Snow and Lowell Green. I should note that Mr. Green is the author of several books, including: -How the Granola Crunching, Tree Hugging Thug Huggers are Wrecking our Country; -Mayday […]
Posted by Nick Falvo under debt, education, fiscal federalism, household debt, Newfoundland and Labrador, Ontario, part time work, post-secondary education, privatization, Quebec, social policy, student debt, student movement, user fees, young workers.
April 26th, 2012
On CBC’s The National last night, Rex Murphy weighed in on Quebec’s student protests; the transcript can be found here, and the three-minute video here. He calls the protests “short sighted,” points out that Quebec already has the lowest tuition fees in Canada, and suggests the students’ actions are “crude attempts at precipitating a crisis.” He […]
Posted by Nick Falvo under education, fiscal federalism, housing, Newfoundland and Labrador, post-secondary education, poverty, Quebec, social indicators, social policy, student debt, student movement, user fees, young workers.
April 20th, 2012
This is my latest column for Canadian Business magazine. Giorgio, a hard-working, smart-as-a-whip University of Toronto student, asked me a great question after a recent guest lecture: What if the biggest challenge facing Canadian businesses and governments in the coming years isn’t an aging society but the economic and fiscal drag of hundreds of thousands […]
Posted by Armine Yalnizyan under economic growth, economic risk, employment, labour adjustment, population aging, skill shortages, temporary workers, Uncategorized, unemployment, young workers.
April 11th, 2012
I am sure readers of this blog are not unsympathetic to the case for a government supported program which, at a time of very high youth unemployment, annually enables some 1500 young people to volunteer to work in not for profit sponsored community development projects across the country. Participants- aged 17 to 21 – are […]
Carleton University’s Ted Jackson teaches a graduate seminar course on post-secondary education in Carleton’s School of Public Policy and Administration. Earlier this month, I was invited to give a guest presentation to Professor Jackson’s class. I focused the presentation on affordability challenges faced by students wanting to pursue post-secondary education. My slide presentation can be […]
Posted by Nick Falvo under education, fiscal federalism, income distribution, inequality, Newfoundland and Labrador, Ontario, post-secondary education, Quebec, social indicators, social policy, student debt, student movement, user fees, working time, young workers.
February 29th, 2012
(This guest blog was written by Mike Marin and Anouk Dey. It originally appeared in the Toronto Star on February 24. The authors are part of a team that produced the report Prospering Together (in English http://bit.ly/z4GQx5 and in French http://bit.ly/yabiK2) What do the Occupy Movement and Canadian software giant OpenText have in common? Most […]
Posted by Armine Yalnizyan under competition, economic growth, education, inequality, Occupy Movement, productivity, progressive economic strategies, skill shortages, social policy, young workers.
February 26th, 2012
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 […]
As is well known, the youth unemployment rate remains high, and well above average. It stood at 14.1% in November or more than double the unemployment rate of 6.3% for persons aged 25 to 54, and 6.2% for those aged 55 and over. What is a little bit more surprising is that the youth unemployment […]
Last month, the Canadian Federation of Students (CFS) released a document entitled Public Education for the Public Good: A National Vision for Canada’s Post-Secondary Education System. I found the document to be quite informative, filled with a lot of useful statistics. For example: -Enrolment is rising in colleges and universities across Canada. Since the late 1990s, full-time enrolment has […]
Posted by Nick Falvo under BC, democracy, education, employment, fiscal federalism, part time work, post-secondary education, public infrastructure, social policy, user fees, young workers.
November 6th, 2011
Newly-released data indicate that student debt is rising amongst new physicians in Canada. In 2010, 23 percent of medical residents reported having more than $120,000 in education-related debt upon completion of their residency training (as compared with just 17 percent in 2007). (Note: across Canada, average tuition fees for medical students amount to just over $10,000 a year.) This appears to have […]
On Wednesday, William Watson wrote a comment piece in the Financial Post in which he was critical of Armine Yalnizyan’s recent essay on inequality. In his piece, Mr. Watson alleges that Armine “is guilty of fantastical reminiscence,” particularly with respect to her take on post-secondary education (PSE). Among other things, Mr. Watson points to the […]
Posted by Nick Falvo under economic history, education, fiscal federalism, household debt, human rights, inequality, labour market, post-secondary education, social policy, student debt, student movement, user fees, young workers.
September 24th, 2011
A recent editorial in the Canadian Medical Association Journal looks at the use of “grade-boosting” stimulants (such as Ritalin) by Canadian post-secondary students. According to the editorial: “Universities and colleges are ground zero for ‘grade-boosting’ stimulant abuse.” The thrust of the editorial’s argument is that universities and colleges need to work proactively to reduce the misuse […]
Posted by Nick Falvo under debt, education, employment, Ontario, part time work, post-secondary education, social policy, student debt, student movement, user fees, young workers.
September 10th, 2011
Last week, the CCPA released a paper by David Macdonald and Erika Shaker entitled Under Pressure: The Impact of Rising Tuition Fees on Ontario Families. The paper does a good job of explaining which households have been most impacted by rising tuition fees in Ontario. Points made in the paper include the following: -In light of […]
Posted by Nick Falvo under debt, education, household debt, inequality, Ontario, post-secondary education, poverty, social policy, student debt, student movement, user fees, young workers.
September 3rd, 2011
As is well-known, young people are still bearing the brunt of the recession. The employment rate for youth aged 15-24 last month was 55.6%, well down from 60.3% back before the recession in September, 2008 due to an increase in unemployment and an increase in those not looking for work. And the proportion of youth […]