Canada’s summer job market slump—bad news for young people in more ways than one

Canada’s summer job market slump—bad news for young people in more ways than one

From the Fraser Institute By Ben Eisen According to new data from Statistics Canada, young Canadians are facing a historically challenging job market. In June, the unemployment rate for young people (aged 15-24) was 14.2 per cent, up from 13.5 per cent in June 2024, which was already a bad year in historical terms. By comparison, in the pre-pandemic years from 2017 to 2019, the average youth unemployment rate in June averaged 10.9 per cent. If y…