Unemployment Rate

unemployment rate: The CIBC World Markets report says the unemployment rate for students aged 15 to 18 who are seeking part-time work has climbed to a record high of more than 20 per cent, according to CTV. Although Canada's unemployment rate has recovered from its peak during the recession, the report says the number of manufacturing and government jobs has been shrinking and TORONTO - A new report suggests that a growing number of older workers are taking on part-time jobs, which in turn is pushing up the unemployment rate among teenaged students. The report also notes that employment among those in the 15-18 age group has fallen by 22 per cent since 2007 even though the overall population in that age group has declined by only four per cent. (www.immigrantscanada.com). As reported in the news.