Ontario Unemployment Numbers for Youth: On The Rise
A report, released by the Canadian Centre for Policy Alternatives, finds that Ontario is the worst in Canada for unemployment rates among youth. Youth unemployment rates in Ontario are trending higher than average
The Ontario Youth Unemployment Study Finds:
- The 2013 unemployment rate for Ontario youth between the ages of 15 and 24 ranged between 16 and 17.1 per cent, higher than the average Canadian range of 13.5 to 14.5 per cent.
- In 2012, Ontario’s youth unemployment rate of 16.9 per cent was among the worst in the Great Lakes region, rivalling Michigan and higher than rates in Quebec, Indiana, Minnesota, Ohio, Pennsylvania and Wisconsin.
- Ontario’s monthly youth employment rate – a measure that determines how many young people actually have jobs – fluctuated between 50 to 52 per cent, meaning half of all Ontario youth don’t have jobs.
- Toronto’s youth unemployment rate is 18.1 per cent and its employment rate is 43.5 per cent — the worst of any region in the province.
- Toronto has the widest gap between youth and adult employment in the province, with a difference of 21.8 per cent – the highest it’s ever been.
- Windsor, Oshawa, Brantford and London are youth unemployment “hotspots,” with rates similar to those in the EU, hovering above 20 per cent.
- Youth employment rates in Sudbury, Waterloo and Hamilton are above the national rate.
Why is the unemployment rate so high in Ontario for youth?
The paper argues that Ontario’s young workers have been primarily affected by a national economic shift away from the manufacturing sector towards resource extraction; and post-recession measures that were adopted by the provincial government in the early 90s and following the 2008 crisis.
Is there any hope for Ontario unemployment?
However, in the 2013 Ontario budget, the government announced a $295-million, two-year strategy to createjobs for youth. The strategy includes partially subsidizing employers and employees to create temporary job placements and funding for young entrepreneurs.
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“Ontario Youth Unemployment among the Worst in Canada: Report.” CTVNews. N.p., n.d. Web. 09 June 2014.