Potential earnings losses among high school and postsecondary graduates due to the COVID-19 economic downturn
In this paper, the potential earnings losses experienced by this year's class of high school and postsecondary graduates as a result of Coronavirus Disease 2019 (COVID-19) are simulated. These graduates may face very challenging conditions as they enter the labour market, which could have long-term ramifications for their earnings prospects. Consequently, earnings losses are simulated up to five years after graduation, based on various scenarios of this year's youth unemployment rate.
Edited excerpt from publication.
Authors: Frenette, Marc; Messacar, Derek; Handler, Tomasz
Published: Ottawa, Ontario, Statistics Canada, 2020
Resource type: Government report or paper
Physical description: 8 p.
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https://www150.statcan.gc.ca/n1/en/catalogue/11-626-X2020012