• Cocktail and Dinner Party Economics
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  • Dinner Party Economics

The Multiplicity of Unemployment

I came across this from Statcan and it struck me that unemployment has its reasons.    Notice that new immigrants without education have an unemployment rate of 21.2% whereas Canadian born university grads have an unemployment rate of 3.1%.  All the while the average is a complex 6%.  I think this shows that the solutions to unemployment require a targeted rather than blanket approach.  For one thing we should make sure that children of immigrants go to university.  This is definitely the doorway out of poverty for the whole family and it has a way of averaging things out.  

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