Armine Yalnizyan

Armine Yalnizyan, an economist and Atkinson Fellow on the Future of Workers, dives into the troubling rise of youth unemployment in Canada, currently at a staggering 15%. She unpacks the unique challenges young job seekers face, including fierce competition from older workers and the looming threat of AI automation. The conversation also sheds light on the long-term scarring effects of joblessness on youth independence and mental health, emphasizing the urgent need for strategic economic reforms to better support the younger generation.

Economist Armine Yalnizyan breaks down Canada's growing debt and its impact on government spending, discussing concerns about affordability, debt reduction, and the need for assistance. The podcast also explores government initiatives for rental housing construction and Canada's economic outlook, demographic changes, and the opportunity to build a resilient future.

Armine Yalnizyan, an Atkinson Fellow and renowned economist, shares her insights into the perplexing economic landscape facing Canadians. She explores the disconnect between rising economic indicators and the struggles of everyday people, emphasizing issues like soaring grocery prices and housing costs. The term 'vibecession' is dissected, illustrating how public sentiment clashes with statistics. Yalnizyan also discusses the recent interest rate cuts by the Bank of Canada and their implications, shedding light on the ongoing economic uncertainty.