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December 07, 2009

Canadian university graduates jobless due to recession

“No group has been displaced more than our youth, whose jobless rate has spiked to a near 11-year high of 15.6 per cent. And as more young people move home, default on their debts and scuttle their career plans, the aftershocks will linger for years, economists warn. Nowhere has the youth jobless toll risen more, percentage-wise, than in British Columbia, where it rocketed 56.2 per cent to 60,000 this October from the same month last year.” Read more from the Globe and Mail

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