Many graduates face a sluggish job market

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The federal government recently announced plans to make it easier for high-skilled workers to immigrate to Canada where they will either set up companies or offer their skills to Canadian companies and help them grow.

With the US administration is temporarily suspending the expedited processing of H-1B visas, a popular work visa that helps U.S. companies hire skilled international workers, thousands of foreign highly-skilled workers are expected to look to Canada.

Meanwhile well-educated young Canadians are forced to expand their own horizons and look beyond the borders of this country for jobs and a future.

More than 12 per cent of Canadians between the ages of 15 and 24 are unemployed and more than a quarter are underemployed, meaning they have degrees but end up in jobs that don’t require them.

The latest numbers from Statistics Canada show that the unemployment rate for 15-to-24-year-olds is almost twice that of the general population.

A 2014 Canadian Teachers’ Federation report found nearly a quarter of Canada’s youth are either unemployed, working less than they want or have given up looking for work entirely.

The number of engineers in Ontario who are underemployed is 33 per cent, according to the OSPE.

All the talk about investing billions upon billions of dollars in infrastructure spending across the country, companies hoping to bid on these lucrative projects should have been on an hiring spree, looking for engineers etc. Since that has not panned out, parents and students enrolled at Canadian universities must be really worried about their mounting student debt and job prospects, all at a time when more and more foreign students are coming to Canadian universities and competing for jobs.

There are more university students than ever before. In 2015, there were more than two million students enrolled at Canadian universities and colleges, compared to almost 800,000 in 1980.

Every parent especially immigrant parents push their children into universities in the belief that it is their passport to professional success, however that isn’t guaranteed anymore. Chances are that your neighbor whose son opted to become a licensed electrician or a skilled trademan or woman is not wanting for a job and is pulling in close to $40 an hour in year one. – CINEWS

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