Why student unemployment is rising and what it could signal about a looming recession
CANADA, JUL 13 – Student unemployment reached 17.4% in June, the highest since 2009 excluding the pandemic, with job cuts in government and tech sectors impacting opportunities, economists say.
- Youth unemployment rates and job struggles for recent graduates have risen significantly in 2025 across Canada and the US, with student unemployment near 6%.
- This rise stems from cautious employer hiring amid economic uncertainty, U.S. tariffs impacting industries, and cutbacks in junior positions during a broader job market slowdown.
- Examples include a Gen Z job-seeker waitressing after six months without success and another using unconventional methods securing interviews, showing fierce competition.
- More than 58% of recent graduates still seek their first job, while unemployment among young Canadians aged 15 to 24 hit 17.4%, the highest June rate since 2009.
- Experts warn that these trends may signal a potential recession, while advising graduates to build resilience and view early career challenges as part of long-term growth.
11 Articles
11 Articles
Gen Z is right about the job hunt—it really is worse than it was for millennials, with nearly 60% of fresh faced grads frozen out of the workforce
Gen Z’s suspicion that the job hunt is harder than ever may be true—about 58% of recent graduates are still looking for full-time work, compared to 25% of earlier graduates, like millennials, Gen Xers, and baby boomers before them. Young job-hunters are also three times less likely to have a job lined up out of school, as AI agents take over and entry-level roles are shrinking for Gen Z workers. Gen Z is slammed for complaining about how tough …
Part-time jobs drive June employment rebound; students left behind
Canada’s job market saw growth for the first time in five months in June. However, the vast majority of new jobs were part-time positions.Statistics Canada’s Labour Force Survey was released Friday morning and highlighted that 70,000 of the 83,000 new jobs in June were for part-time work.The unemployment rate went down slightly, reaching 6.9 per cent, which remains the second-highest rate in the G7 behind only France. France posted a 7.1 per cen…
(Sejong=Yonhap News) Reporter Ahn Chae-won and Song Jeong-eun = The economic downturn has hit the youth hard. As young people are having difficulties in both employment and starting a business, the vitality of future generations is fading...
'Panicking': Why recent college grads are struggling to find jobs
Recent college graduates are facing one of the most challenging job markets in years — with the exception of the pandemic period — even as the overall unemployment rate remains low.(Image credit: Spencer Platt)
Why student unemployment is rising and what it could signal about a looming recession
The unemployment rate for students looking for summer jobs is the highest it’s been in a non-pandemic year since 2009, when Canada was going through a recession — and some economists worry that the latest numbers could signal another one is just around the corner.
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