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Group says Canadian youth unemployment rate among lowest in G7

Published by Steve Coleman on May 23, 2012

Even at 13 per cent, the 904,000 out-of-work Canadians between the ages of 15 and 29 are among the lowest number of unemployed for their age group among G7 countries.

The Organisation for Economic Co-operation and Development says the number of youth in that age bracket hasn't changed much in the last decade.

People in the age group who are neither employed or in school earned themselves the "NEET" acronym in Europe after government agencies started tracking their levels.

Canada's 904,000-strong NEET population consisted of 391,000 people looking for work and 513,000 who weren't looking for a job. The remaining 5.9 million who fell into the age group were equally split between those in school and those who did have a job.

The 391,000 unemployed youth aged 15 to 29 represented an unemployment rate of 11.8% among young people not in school.

Among the unemployed, 55,000 had been looking for work for more than six months. These long-term unemployed represented one per cent of all youth and 14 per cent of unemployed youth.

This was the lowest proportion of long-term unemployed young people among G7 nations.

Statistics say young men 15-24 were significantly more likely to be unemployed than men aged 25 to 29 and young women in both age ranges. A higher level of education significantly reduced the odds of being unemployed.

Survey results also said married young people without children were also less likely to be unemployed than their single counterparts.

Youth living at home had significantly higher odds of being unemployed than those not living at home.

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