Directorate for Employment, Labour and Social Affairs

OECD reviews Canada’s Economy and its Job Market for Young People

 

03/06/2008 - OECD’s assessment of Canada’s economy and its youth labour market are very positive. Economic performance has been amongst the best in the OECD and the employment rate amongst 15 – 24 year olds is well above the OECD average.

This positive overview comes with warnings and recommendations which will be outlined by OECD Secretary-General Angel Gurria, with Martine Durand, OECD Employment Labour and Social Affairs, and Peter Jarrett, OECD Economics Department, during a news conference at 10:00 a.m.  on Wednesday 11 June in the National Press Theatre, Ottawa.

The Secretary-General will first outline the 2008 Economic Survey of Canada which argues that the key challenges facing the nation are to adjust to the global energy shock and the high dollar that follows from it, raise medium-term productivity growth and curtail emissions of greenhouse gases. It also takes a critical look at government support for agriculture, including bio-energy.

He will then outline the main findings of Jobs for Youth – Canada which notes that though most young people are well-educated and make a smooth transition from school to work, there  are pockets of exclusion. The report makes recommendations which will encourage young people to stay in school longer and help those, notably in rural areas, to more easily find jobs.

To attend the news conference, or for further information, please contact Helen Fisher, OECD Media Division, or (tel.+ 331 45 24 80 97).

To obtain an embargoed copy of OECD’s 2008 Economic Survey of Canada and/or Jobs for Youth – Canada, journalists are invited to contact Luisa Constanza (mailto:luisa.constanza @ oecd.org).