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Noisy survey data make it difficult to explain Alberta s massive youth unemployment rate: economists
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Noisy survey data make it difficult to explain Alberta s massive youth unemployment rate: economists
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Noisy survey data make it difficult to explain Alberta s massive youth unemployment rate: economists
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Noisy survey data make it difficult to explain Alberta s massive youth unemployment rate: economists
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The province lost a total of 37,000 full-time jobs in June, with most of those being replaced by part-time employment which increased by 36,800. Overall unemployment sat at 9.3 per cent, but Alberta’s unemployment rate for youth between the ages of 15 and 24 spiked to 18.1 per cent in June the highest in Canada.
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Joseph Marchand, a University of Alberta economics professor specializing in labour, said labour force survey data for this age group is especially “noisy,” which makes it difficult to interpret.