The COVID-19 crisis dealt employees a serious blow, and young people have been hit particularly hard with a nearly 30% unemployment rate. The summer months – crucial for internships, seasonal work, and starting careers – might not be much better, as employers may call back their furloughed full-timers before hiring students. How will these setbacks affect this cohort’s long-term employment prospects? And how effective have government relief programs actually been? Dawn Desjardins, RBC’s Deputy Chief Economist, shares the outlook on the youth labour market.
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