Unemployment Rates and Percentage Points

full-time employment: For men aged 25 to 54 about 40 per cent of the drop in full-time employment was due to shifts into part-time work, and a similar share was because they stopped participating in the labour market, according to Globe and Mail. The other factor is due to higher unemployment rates. Among young men aged 25 to 29, the share tumbled by 10 percentage points while among men aged 30 to 54 the share dropped by 7.5 points. Young people – both men and women – are less likely to be working full time. Many of them were instead in part-time positions instead. Men and women saw their rates of full-time employment slide by 18 percentage points and 11 points respectively in the time period. (www.immigrantscanada.com). As reported in the news.