New grads face a challenging market for entry-level jobs

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 30 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 57%
  • Publisher: 92%

Noastack أخبار

Ordid20000,Cent,Level

RBC study finds the number of employed Canadians aged 15 to 25 has remained relatively flat since late 2022, but the size of that population has grown by about 90,000

The graduating class of 2024 should expect to spend a little extra time applying for jobs compared to those who graduated in the last few years, as economists warn of a sluggish market for entry-level talent.conducted by Royal Bank of Canada in January, roughly half of the 0.8 per cent uptick in unemployment since last April is attributed to students and new graduates. The report notes the conditions for young workers look similar to those typically seen during a recession.

“What that tells us is that it’s a challenging time, unfortunately, for younger people, specifically graduates who are just finishing their degree or diploma,” she says. “It’s taking them a little bit longer to find work right now because we’re in a situation where job vacancies are falling.” It’s not all bad news for new grads. Ms. Freestone says the labour market is expected to come roaring back toward the end of the year, following a widely anticipated interest rate cut. There are also sectors where demand remains high, most notably in healthcare and skilled trades.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 5. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Food Hall TO: A Training Ground for New Canadians in the Hospitality IndustryFood Hall TO, originally a city-led program, has transformed into a training ground for new Canadians looking to break into the hospitality industry. The program is run by Feed Scarborough and offers training on various aspects of running a food business.
مصدر: CBCNews - 🏆 2. / 99 اقرأ أكثر »