Tuesday, December 23, 2025
ADVT 
National

B.C.'s youth unemployment rate second-highest in Canada with 16.6 per cent in May

Darpan News Desk The Canadian Press, 10 Jun, 2025 11:42 AM
  • B.C.'s youth unemployment rate second-highest in Canada with 16.6 per cent in May

High school students walking across graduation stages this month will step into an uncertain job market as B.C. has the second-highest youth unemployment rate in Canada

Figures released by Statistics Canada this month show the seasonally adjusted unemployment rate among people ages 15 to 24 was 16.6 per cent in May, up from 13.4 in April 2025 and up from 10.5 per cent in May 2024.

Only Alberta has recorded a higher unemployment rate in that age category with 17.2 per cent, while the national youth unemployment rate is at 14.2 per cent.

B.C.'s youth unemployment rate for May 2025 is below the rate of June 2020, when the seasonally adjusted unemployment rate among youth hit 28.6 per cent based on figures from Statistics Canada because of COVID-19. 

But the current unemployment rate among youth exceeds youth unemployment 15 years ago when it hit annual peak of 15.6 per cent in June 2010 in the midst of the so-called Great Recession caused by the financial crisis of 2007-2008.

B.C.'s overall employment rate for May 2025 was 6.4 per cent, up from 6.2 per cent in April 2025 and 5.6 per cent in May 2024.

Picture Courtesy: THE CANADIAN PRESS/AP-Matt Rourke

MORE National ARTICLES

Eby says electricity export tariffs similar to Ontario's are not 'priority' for B.C.

Eby says electricity export tariffs similar to Ontario's are not 'priority' for B.C.
British Columbia Premier David Eby says the province has no plan to follow Ontario and levy a 25 per cent surcharge on electricity exports to the United States. Eby says imposing such a fee "is not currently a priority," with efforts focused on new legislation in coming days that would give the province the ability to impose fees on U.S. commercial trucks travelling to Alaska via B.C.

Eby says electricity export tariffs similar to Ontario's are not 'priority' for B.C.

B.C. shipyard awarded $3.15 billion government contract to build icebreaker

B.C. shipyard awarded $3.15 billion government contract to build icebreaker
A British Columbia company has been given a $3.15 billion contract to build one of two icebreaker ships for the Canadian Coast Guard. Public Services and Procurement Canada says in a statement that Seaspan's Vancouver Shipyards, located in North Vancouver, B.C., will be building one of the future polar icebreakers as part of Canada's National Shipbuilding Strategy.

B.C. shipyard awarded $3.15 billion government contract to build icebreaker

Hudson's Bay seeks creditor protection, plans to restructure business

Hudson's Bay seeks creditor protection, plans to restructure business
Canada's oldest retailer, Hudson's Bay, has filed for creditor protection and intends to restructure the business. The department store company that dates back to 1670 announced the move Friday evening, saying it has been facing “significant” pressures, including subdued consumer spending, trade tensions between the U.S. and Canada and post-pandemic drops in downtown store traffic.

Hudson's Bay seeks creditor protection, plans to restructure business

Poilievre takes aim at Carney as he calls for changes to Conflict of Interest Act

Poilievre takes aim at Carney as he calls for changes to Conflict of Interest Act
The change would direct all leadership candidates to disclose their financial holdings to the conflict of interest and ethics commissioner within 30 days of becoming an official candidate, and make them available to Canadians within 60 days.

Poilievre takes aim at Carney as he calls for changes to Conflict of Interest Act

Ottawa announces $6 billion aid package for businesses hit by trade war

Ottawa announces $6 billion aid package for businesses hit by trade war
The federal government is unveiling a $6 billion aid package to support Canadian businesses through the trade war with the United States. It's also making $500 million available for business loans at preferred interest rates, and another $1 billion for loans specifically for the agricultural sector.

Ottawa announces $6 billion aid package for businesses hit by trade war

Minimal job gains in February as unemployment rate holds at 6.6%: StatCan

Minimal job gains in February as unemployment rate holds at 6.6%: StatCan
The Canadian labour market felt a chill in February with employment “virtually unchanged” from the month before, Statistics Canada said Friday. The Canadian economy added just 1,100 jobs last month, the agency said, well below the 76,000 jobs added in January.

Minimal job gains in February as unemployment rate holds at 6.6%: StatCan