In a soft economy, the labour market challenges confronting young people are magnified. Employers looking for new staff become choosier and may be even less inclined to hire candidates with little or no experience. Then too, in the aftermath of a recession some older workers will postpone retirement, thus reducing job openings and slowing labour force turnover.
Canada’s jobs machine robust but problems linger
In a soft economy, the labour market challenges confronting young people are magnified. Employers looking for new staff become choosier and may be even less inclined to hire candidates with little or no experience. Then too, in the aftermath of a recession some older workers will postpone retirement, thus reducing job openings and slowing labour force turnover.