TORONTO, Sept. 5, 2014 /CNW/ - Today's unemployment numbers demonstrated
that students, recent graduates and young workers are being utterly
left behind in the Canadian economy, said Unifor National President
Jerry Dias and Canadian Federation of Students National Chairperson
This past month, employment among young workers and students fell by a
whopping 20,000 jobs, according to Statistics Canada's Labour Force
Survey, released this morning.
"Over the summer, the unemployment rate for young workers (15-24) stayed
stubbornly high, as it has been since the recession. This is the very
time that it should be easier for young people to find jobs - the jobs
that they need to be able to go to school in September," said Dias.
"Whatever recovery has happened entirely bypassed young people."
"Nearly half a million students have returned to school this fall after
not being able to find summer employment and are facing an unstable
future after graduation," said McCormick. "A good job has never been
harder to find, and students will take actions to change that."
More than 1 in 4 young workers is classified as underemployed, often
working in a series of low-skilled, part-time or temporary jobs. Today
it's expected that one in every three young postsecondary graduates
will transition from school into a low-skilled job, carrying with them
an average debt-load of $28,000.
"Graduating with record-high debt levels, this generation's students are
further limited in career options," said McCormick, "When more than
half of all students have to borrow to finance their education, debt
becomes the deciding factor for career options in an already precarious
Unifor and the Canadian Federation of Students have partnered with
Ryerson University, the Centre for Labour Management Relations and the
Canadian Centre for Policy Alternatives to host a national Good Jobs Summit in Toronto, October 3-5.
The goal of the Summit is to bring together students, workers,
government, employers, unions, policy makers, researchers and
non-governmental organizations to have a focussed discussion on the
state of the economy and solutions to creating meaningful and
sustainable employment opportunities - particularly for young people.
The Summit will take place at Mattamy Athletic Centre (formerly Maple
Leaf Gardens) and is expected to attract more than 1,000 people.
The event will feature CNN commentator and green jobs advocate Vann
Jones, GE President and CEO Elyse Allan, Ryerson University President
and Vice Chancellor Sheldon Levy, former Mayor of Toronto and President
of the World Wildlife Federation Canada David Miller, Unifor President
Jerry Dias, Unifor Economist Jim Stanford, Globe and Mail columnist and
financial expert Preet Banerjee and a number of other business and thought leaders.
Unifor has also launched an infographic today 'the unemployment pages' showcasing the difficult circumstances young workers, students and
recent graduates find themselves in.
For further information:
Brent Farrington, Canadian Federation of Students, 613-232-7394, firstname.lastname@example.org
Shannon Devine, Unifor Communications, 416-302-1699 email@example.com or visit: www.goodjobssummit.ca