1 / 15

Source: Statistics Canada, Labour Force Survey, seasonally adjusted.

The unemployment rate for youth aged 15-24 years is about 10 percentage points higher than for workers aged 25 and over (as of March 2013) . During the recession, youth unemployment rose to historic levels. Source: Statistics Canada, Labour Force Survey, seasonally adjusted.

alyssa-duke
Download Presentation

Source: Statistics Canada, Labour Force Survey, seasonally adjusted.

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The unemployment rate for youth aged 15-24 years is about 10 percentage points higher than for workers aged 25 and over (as of March 2013). During the recession, youth unemployment rose to historic levels.

  2. Source: Statistics Canada, Labour Force Survey, seasonally adjusted.

  3. Education was found to be the single most important factor for labour market success. But a market mismatch — “jobs without people and people without jobs” — requires new models that support experiential learning and entrepreneurship, while developing market-ready skills.

  4. Data indicate higher levels of unemployment for youth from the following communities: Aboriginal peoples, new immigrants, visible minorities, people with disabilities, and rural and Northern populations. Youth from vulnerable communities need more opportunities for training, work placements and mentorship.

  5. Source: *Statistics Canada, Labour Force Survey, National Average, 2012 ** Statistics Canada, 2006 Census, *** Statistics Canada, 2006 Participation and Activity Limitation Survey, National Average

  6. WHAT?A comprehensive strategy that would invest $295 million over two years to help connect youth with good jobs. HOW?Four core programs would create new job opportunities for about 30,000 youth, while promoting innovation and entrepreneurship.

  7. WHAT?$195 million to create new job opportunities for youth across Ontario. HOW?Help employers tap youth talent by offering them incentives to hire and train promising young people, with a focus on communities that face the most unemployment.

  8. WHAT?$45 million to encourage the next generation of entrepreneurs through mentorship, startup capital and outreach.   HOW?Targeted investments to enable mentorship programs, seed-stage capital, and high school outreach.

  9. WHAT?$30 million to boost youth-led industrial research, development and commercialization.   HOW?Leverage industry to support post-doctoral fellows, research teams and commercialization initiatives. Support on-campus accelerator centres toturn more students into entrepreneurs.

  10. WHAT?$25 million to bring together business, labour, educators and youth to address skills gaps and training HOW?Identify skills gaps and develop market-based training programs in collaboration with business, labour and educators.

  11. How can we help employers integrate more youth into the workforce? • How can we best coordinate our efforts with the work being done by manyof your organizations?

  12. Where is the skills mismatch most pressing, and how can we address it? • Where do you anticipate labour shortages in the future? • How can the educational system begin preparing youth for those opportunities?

  13. How do we engage more youth from vulnerable communities, and how can we best address their needs? • How can we better promote their skills and talents to business and labour?

More Related