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this post was submitted on 20 Apr 2025
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Wait, so there is a labor shortage despite the unemployment numbers?
This is some MAGA level distrust in our institutions ability to aggregate data.
Yes, there is a massive labour shortage in sectors such as healthcare and the skilled trades: https://www.canada.ca/en/immigration-refugees-citizenship/corporate/transparency/committees/cimm-nov-25-2024/labour-shortages.html
Youth unemployment has to do with the particularities of students looking for temporary jobs in the services sector and the lack of training opportunities https://lmic-cimt.ca/the-state-of-youth-employment-in-canada/ https://policyoptions.irpp.org/magazines/november-2024/youth-employment-opportunities/
I appreciate the statistics, I clearly misunderstood the youth unemployment numbers.
Though I am still curious if its inflation that's caused the brunt of the labor shortage, given the Phillips curve.
I'm not disputing the data. I'm questioning your beliefs on the cause of the problem and how we should go about solving it.