Canada’s labor market is sending mixed signals. While the headline unemployment rate sits around 6.5%, youth unemployment has climbed to 12.8%, and some data suggests professional, scientific, and technical sectors are facing notable slowdowns. In this video, we explore concerns about fewer entry-level opportunities, the shift toward lower-wage service jobs, rising interest rates, and the growing role of automation. It looks at how these changes may be reshaping career paths, wages, and long-term financial stability for younger Canadians.
Canada
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