CTV News: Student group warns young people in 'dire' straits without work

June 16, 2020
Colin Wong


Ken Peacock, chief economist and vice-president at the Business Council of Canada, says unemployment figures for the age group are at an all-time high, and it's going to be difficult for many young people to find work this summer.

"That doesn't mean there won't be any jobs, but when you have a 29 per cent unemployment rate - even if you get that down to 20 or 18 or 15, still, that's a high unemployment rate," he says. " I think in that market where there's a big pool of unemployed people, employers who are looking for younger workers to fill positions will be in a position of having a plentiful labour supply and be able to pick workers from a deeper pool."

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