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Experts Say at Least a Decade Before Canada’s Youth Recover Economically From Pandemic

Source: Christy Somos, ctvnews.ca, February 04, 2021

For many young people in post-secondary education, paying back student loans is compounded by loss of income and lack of job prospects.

TORONTO — The COVID-19 pandemic has been particularly hard on Canadian youth and questions have arisen about how long it will take for them to recover economically, and what that will look like post-pandemic.

Unemployment for youth was as high as 30 per cent in May 2020, but came down to 10.5 per cent by December 2020, according to Statistics Canada.

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