How Bad is Student/Youth Unemployment These Days?
Interesting question. It’s a tricky answer. Let’s dive in. Let’s start by looking at the issue of unemployment – that is, the percentage of people who are in the labour market but do not have work (i.e. it excludes people who aren’t interested). Figure 1 shows unemployment rates for full-time students and non-students aged 20-24 for the past fifty years (I exclude part-time students because they are an odd and heterogenous grouping). Figure 1: Unemployment Rates during School Months for







