Lengthier job hunts for recent graduates could be major factor in unemployment rate
With the latest numbers showing that unemployment is up among youth, a sizeable share of the increase in Canada's overall unemployment rate since April last year is due to new job seekers — young people and recent graduates like Nareshan — who are spending increasingly more time looking for work, according to an analysis by RBC Economics.
![Lengthier job hunts for recent graduates could be major factor in unemployment rate](https://i.cbc.ca/1.7162666.1712173937!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/surya-nareshan.jpg)
![Surya Nareshan, an engineering physics graduate from Carleton University, said he's applied for more than 80 jobs since graduating in May 2023 -- with just a handful of interviews to show for it. A man wearing glasses and a blue sweater sits at a desk with a computer monitor seen in the background.](https://i.cbc.ca/1.7162666.1712173937!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/surya-nareshan.jpg)
With the latest numbers showing that unemployment is up among youth, a sizeable share of the increase in Canada's overall unemployment rate since April last year is due to new job seekers — young people and recent graduates like Nareshan — who are spending increasingly more time looking for work, according to an analysis by RBC Economics.