OTTAWA - Young, educated workers today are earning more than in previous generations, according to a new report from Desjardins. But it's not all rosy for young Canadians, with women in particular facing declining mental health and ongoing barriers in th
The Canadian PressOTTAWA – Young, educated workers today are earning more than in previous generations, according to a new report from Desjardins.
“The narrative around how young people are faring tends to have a negative tone,” said Randall Bartlett, senior director of Canadian economics for Desjardins and co-author of the report.The report builds on recent census data that showed the Canadian population is highly educated, with a larger proportion of people holding a post-secondary degree than any other G7 country.
For the report, Desjardins compared the earnings of Canadians who graduated with a bachelor’s degree in 1991 versus in 2001. However, the report found that there are very real challenges in the labour market for young people as they move from school to the workplace. The report also highlights that young immigrants are doing better in the labour market than they have historically, but they still face challenges putting their skills to work.
Jean said the federal government’s pursuit of a national childcare program, which aims to deliver childcare that costs on average $10 a day, is a good start.
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