Canada’s youth unemployment rate in September reached 14.7 percent, which is the highest level since 2010, excluding the pandemic period.
The youth unemployment rate grew 0.2 percentage points in September, up from 14.5 percent in August, making September’s rate the highest in 15 years, StatCan said in its September Labour Force Survey released Oct. 10. Compared to the same time last year, youth unemployment grew by 1.2 percentage points.
“The increase in the youth unemployment rate over the 12 months to September was primarily due to rising unemployment among students,” StatCan said.
The unemployment rate among youth attending school was 17.1 percent in September, representing an increase of 3.1 percentage points from the same month last year. Comparatively, the unemployment rate among youth not attending school was 11.9 percent in September, which remained “virtually unchanged” from last year….