
Why the job market is hitting new grads especially hard
The Decibel
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Navigating a Tough Job Market
This chapter examines the challenging state of the Canadian job market, particularly for recent graduates facing a high unemployment rate of 11.2%. It draws comparisons to the 2008 financial crisis, highlighting the difficulties young people encounter in securing employment amidst economic uncertainty and inflation. The discussion underscores the long-term impact of graduating into a weak economy, with potential repercussions on career momentum and financial stability.
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