Latest news with #Vu
Global News
13 hours ago
- Business
- Global News
CNE starts interviews for 5K jobs after receiving 54K applications
Thousands of young people are set to line up for job interviews at the Canadian National Exhibition Wednesday amid a high level of youth unemployment in Ontario. The CNE says it has received more than 54,000 online job applications for more than 5,000 seasonal positions at the two-week fair, including cashiers, retail associates, game attendants, food service staff, midway operators and informational guides. It says this is the highest number of job applications it has ever received, calling it a reflection of a job market that's causing high rates of youth unemployment. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy One expert says the youth unemployment rate is higher this year compared to the same period last year but it's still lower than during the COVID-19 pandemic and the 2008 recession. Viet Vu, the manager of economic research at Toronto Metropolitan University's Dais think thank, says youth unemployment is up because the job market has cooled over the last several months, due to fewer businesses hiring and the disruptions in trade with the United States. Story continues below advertisement 3:36 CNE kicks off hiring event after record-breaking job applications The seasonally adjusted unemployment rate for people aged 15 to 24 in Ontario was 15.8 per cent in June. Vu says a lot of young people who are looking for their first job after graduation and students who are looking for summer jobs are hit especially hard in a difficult job market. The CNE says it has already hired people for more than 1,000 positions.
Winnipeg Free Press
14 hours ago
- Business
- Winnipeg Free Press
CNE receives record number of job applications amid high youth unemployment
TORONTO – Thousands of young people are set to line up for job interviews at the Canadian National Exhibition today amid a high level of youth unemployment in Ontario. The CNE says it has received more than 54,000 online job applications for more than 5,000 seasonal positions at the two-week fair, including cashiers, retail associates, game attendants, food service staff, midway operators and informational guides. It says this is the highest number of job applications it has ever received, calling it a reflection of a job market that's causing high rates of youth unemployment. One expert says the youth unemployment rate is higher this year compared to the same period last year but it's still lower than during the COVID-19 pandemic and the 2008 recession. Viet Vu, the manager of economic research at Toronto Metropolitan University's Dais think thank, says youth unemployment is up because the job market has cooled over the last several months, due to fewer businesses hiring and the disruptions in trade with the United States. The seasonally adjusted unemployment rate for people aged 15 to 24 in Ontario was 15.8 per cent in June. Vu says a lot of young people who are looking for their first job after graduation and students who are looking for summer jobs are hit especially hard in a difficult job market. Monday Mornings The latest local business news and a lookahead to the coming week. The CNE says it has already hired people for more than 1,000 positions. This report by The Canadian Press was first published July 30, 2025.
Hamilton Spectator
14 hours ago
- Business
- Hamilton Spectator
CNE receives record number of job applications amid high youth unemployment
TORONTO - Thousands of young people are set to line up for job interviews at the Canadian National Exhibition today amid a high level of youth unemployment in Ontario. The CNE says it has received more than 54,000 online job applications for more than 5,000 seasonal positions at the two-week fair, including cashiers, retail associates, game attendants, food service staff, midway operators and informational guides. It says this is the highest number of job applications it has ever received, calling it a reflection of a job market that's causing high rates of youth unemployment. One expert says the youth unemployment rate is higher this year compared to the same period last year but it's still lower than during the COVID-19 pandemic and the 2008 recession. Viet Vu, the manager of economic research at Toronto Metropolitan University's Dais think thank, says youth unemployment is up because the job market has cooled over the last several months, due to fewer businesses hiring and the disruptions in trade with the United States. The seasonally adjusted unemployment rate for people aged 15 to 24 in Ontario was 15.8 per cent in June. Vu says a lot of young people who are looking for their first job after graduation and students who are looking for summer jobs are hit especially hard in a difficult job market. The CNE says it has already hired people for more than 1,000 positions. This report by The Canadian Press was first published July 30, 2025.
Time of India
15-07-2025
- Business
- Time of India
Canada's job crisis? Student unemployment skyrockets to 14.2% — is a recession here already?
Is Rising Student Unemployment a Recession Warning Sign? Live Events How Is the Youth Job Market Overall in Canada? Is the US Trade War Making Things Worse? Who's Being Hit Hardest by the Tariffs? Is a Recession on the Horizon for Canada? Is There Any Optimism for Students? FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel For many Canadian students, this summer job hunt has been tougher than ever, with the unemployment rate for students looking for summer work soaring to 17.4%, the highest it's been in a non-pandemic year since the 2009 recession, a stark warning sign that some economists say could mean trouble ahead for the broader economy, as per a researcher at Toronto Metropolitan University, Viet Vu, said that, 'That's really concerning to me,' adding, 'Oftentimes, youth unemployment is a leading indicator to what could be a recession,' as quoted in the CP24 latest figures from Statistics Canada's Labour Force Survey reveal that 17.4% of full-time students aged 15 to 24, who planned to return to school this fall, were without a job this June, according to the report. That's a significant jump from 15.8% just a year earlier, as per the CP24 explained that, 'The reason why this is bad is when you look at how an economy is doing, you look at how many people are getting fired and how many people are getting hired -- and oftentimes, when companies squeeze their budget ... the first positions to go tend to be the most junior,' as quoted in the report. Vu added that, 'Which tells you that these companies aren't doing well because they can't afford to hire a summer student," as quoted by READ: Elon Musk's Grok is now working for the US government — here's what that means However, Statistics Canada's unemployment rate for the broader 'youth' category, which includes all 15- to 24-year-olds, not just students, stood at 14.2% in June, which has increased by 0.7 percentage points from last year and is well above the pre-pandemic average of 10.8% between 2017 and 2019, as reported by have pointed out that the US trade war has led to the growing student unemployment rate because many companies are choosing not to take on new hires due to the amount of uncertainty that comes with constantly changing US tariffs on Canadian exports to America, according to the director and economist at the Centre for Future Work, Jim Stanford, pointed out that, 'This has been a brutal summer for students to look for a job... the openings are just not there,' as quoted by CP24. He explained that, 'I think the blame for the high student unemployment rate rests solely at Donald Trump's doorstep,' adding that, 'In the last few months, companies have had no idea where the economy is going. The last thing they're going to want to do is take on a few extra heads for the summer," as quoted in the READ: 15 million Americans just got bad news - Judge reverses rule that would've wiped medical debt from credit reports While the border city of Windsor, in Ontario, recorded the highest unemployment rate among all demographics in June with 11.2%, which shows that the tariffs have had a major impact on Canadian industries, as reported by though Stanford isn't ready to say a recession is guaranteed to happen just yet, he has warned that, 'We've all been watching for signs that the toll of the Trump tariffs could push Canada into a recession — and if he goes ahead with the 35 per cent tariffs, we could have a recession. Not yet, though," as quoted in the report.A senior economist at job search site Indeed, Brendon Bernard, said there is a "silver lining: the year-over-year increase in the student unemployment rate has narrowed compared to previous years," as quoted by CP24 report. The rate rose from 11.9% in 2023 to 15.8% in 2024, but climbed more modestly this year to 17.4%, reported CP24. Bernard said, 'There's been some caution that employers have undertaken because the situation could go in multiple directions,' as quoted in the many companies are cutting costs, and entry-level or short-term roles, like student jobs, are usually the first to Economists say youth unemployment often signals broader economic downturns ahead, as per the report.
Saudi Gazette
14-07-2025
- Politics
- Saudi Gazette
RSF storms cattle market and prison in 'death trap' Sudanese city
KAMPALA — The Sudanese paramilitary group Rapid Support Forces (RSF) stormed the besieged city of el-Fasher on Friday in a battle that raged for seven hours, witnesses told the BBC. RSF fighters managed to capture a cattle market, a prison and a military base while broadcasting videos of themselves walking around empty stockyards. It was the first time RSF fighters had entered the city in large numbers since the siege of el-Fasher - an ongoing battle for control of the western Darfur city - began 15 months ago. On Saturday morning, the army retaliated and succeeded in pushing the RSF back beyond el-Fasher's limits. But Mathilde Vu, from the Norwegian Refugee Council (NRC), described the city as a "death trap". "What we're hearing is stories of horror and terror and weekly shelling, attacks on civilian infrastructure," Ms Vu told the BBC Newshour program. "There are local volunteers - they are really struggling, risking their lives every day to try and provide a little bit of food for people who are mostly starving." Siddig Omar, a 65-year-old resident of el-Fasher, told the BBC the RSF entered the city on Friday from the south and south-west. The RSF, whose fighters have been mustering in trenches dug around the city, frequently attack el-Fasher. According to the army, this was their 220th offensive. But this time, during a battle that raged for seven hours, they managed to take control of the city's livestock market, which has been closed for business for several months. From here, they broadcast videos of their fighters walking around empty stockyards. They also briefly held Shalla prison and the headquarters of the military's Central Reserve Forces. On Saturday morning, the army retaliated and succeeded in pushing the RSF back beyond the city limits, saying it had inflicted "heavy losses" on the paramilitary group. But Omar said RSF shelling - using drones - continued throughout Saturday. "One of the shells hit a civilian vehicle near my house resulting in the death of five civilians who were inside the car," he said. Sudan plunged into a civil war in April 2023 after a vicious struggle for power broke out between its army and the RSF. It has led to a famine and claims of genocide in the western Darfur region. More than 150,000 people have died in the conflict across the country, and about 12 million have fled their homes in what the United Nations has called the world's largest humanitarian crisis. El-Fasher is the only city in Darfur now controlled by the military. But a communications blackout makes it difficult to confirm information from the besieged city, as only those with satellite internet connections are contactable. The latest RSF offensive followed weeks of artillery and drone attacks. The group recently started using large drone aircraft. The army accuses the United Arab Emirates (UAE) of funding the RSF, an allegation the oil-rich Gulf state denies. This weekend's attack comes three months after the RSF overran Zamzam camp on the outskirts of el-Fasher. It had been the largest displacement camp in the country and many of its residents either escaped into el-Fashir or tried to make it to Tawila, 60km (about 40 miles) away. Ms Vu, NRC's advocacy manager in Sudan, said the team in Tawila has continued to hear horrific stories as people desperately try to find safety. "People fleeing at night by foot, on donkeys - trying to escape armed men targeting them, maybe raping them," she said. "We're getting people arriving into Tawila who are thirsty, who haven't eaten for weeks." Nearly 379,000 people have now fled to Tawila, where they are facing an outbreak of cholera and expected heavy rain is likely to destroy makeshift shelters. This week, residents of el-Fasher told the BBC Arabic's emergency radio programme more about their dire situation. "Right now, we are suffering deeply, and everyone around us is facing the same hardship," one man said. "There is no bread, no food, and no work to be found. Even if you have money, there's nothing available in the markets to buy. "When someone gets sick, we can't find any medicine or treatment. "There are no medicines in hospitals. The situation here is truly terrible." Another man said until recently, residents had been relying on something called "ombaz", a food waste left over after pressing oil from peanut shells. "We are in a very critical situation," he said. "Even ombaz is no longer available, as the peanut factories have stopped working. "We are calling out for help - please, we urgently need assistance." Ms Vu bemoaned the international community's apathy when it came to engaging with the warring parties and their backers. "The funding is completely decreasing and the consequence is that you can see it on the ground," she said. "People [in el-Fasher] just rely on the solidarity of others. "If they have a little bit of food, they will be sharing it among themselves." Last week, the International Criminal Court (ICC) said there were "reasonable grounds" to believe war crimes and crimes against humanity are being committed in Darfur. Allegations of war crimes have persisted throughout the past two years, and in January 2025 the US determined that the RSF and allied militias had committed genocide against the region's non-Arab population. — BBC
