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
A man wearing glasses and a blue sweater sits at a desk with a computer monitor seen in the background.

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.