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.

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Authors: Frenette, Marc; Messacar, Derek; Handler, Tomasz

Published: Ottawa, Ontario, Statistics Canada, 2020

Resource type: Government report or paper

Physical description: 8 p.

Access item: https://www150.statcan.gc.ca/n1/en/catalogue/11-626-X2020012

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