In 2010, the unemployment rate was 16.8%, and while this is an improvement over the unemployment rate in 2009 of 19.2%, it’s still a far cry from the rate in 2008 of 13.6%.
Older students (20-24 years of age) typically fared better than younger students (15-19 years of age) with employment rates of 66.5% and 42.5% respectively.
“Looking at the short-term trend, it seems younger students have more difficultly finding employment than older students.”
However, the employment rate for older students rose three and a half percentage point from 63% in 2009, while the employment rate for younger students dropped only slightly from 42.8%.
Looking at the short-term trend, it seems younger students have more difficultly finding employment than older students.
Also, the average number of work hours per week has dropped to 23.6, one of the lowest numbers ever recorded since Statistics Canada began collecting this data in 1977.
Between May and August, the Labour Force Survey collects data from full-time students from 15-24 years of age who are planning to return to school in the fall.