SOCB54H3 Lecture Notes - Lecture 3: Slacker, Tim Hortons
Document Summary
Downsizing in both public and private sectors- no new jobs. Younger people are most likely last hired therefore are fired first. Examples of this would be teachers, and how younger teachers are fired first in comparison to teachers that have been with the school board for multiple years. High rates of youth unemployment youth unemployment rate does not go down as well and actually has doubled. Currently july 2016 13. 3% things even worse in europe. Under employment is another problem as well when people are over qualified for the job itself. An example of this would be a tim horton"s cashier with a bachelors of science degree. Earnings: growing wage gap between younger and older workers. Large amounts of part-time working by young people. Youth unemployment rates around the world: canada 13. 1%, 50% portugal, italy, 60% By acquiring more education (university degree increasingly becoming a key pre- requisite for good jobs).
