FUTUREPROOF REPORT | April 2017.

The Brookfield Institute for Innovation + Entrepreneurship at Ryerson University has released a report on how technological change could impact youth employment in Canada in the future. The authors find that Canadians aged 15 to 24 are highly vulnerable to the effects of automation, face underemployment and part-time or precarious work and an “experience mismatch,” limiting their integration into the labour market. Over the next 10 years, approximately 66% of jobs in Canada are expected to be in occupations requiring post-secondary education or management experience.

Youth will require different skills, including digital literacy, entrepreneurship and social intelligence and institutions will need to adopt new approaches to talent development, adapting to a shifting labour market. This is particularly important in Alberta, as it has one of the youngest populations among the Canadian provinces, with a median age in 2016 of 36.3 compared to the national median age of 40.6. According to Stats Canada, in March 2017, the unemployment rate for youth 15 to 24 years old in the province was 14.1 percent, compared to 8.4 percent for all age groups in Alberta. –

Note: The full report can be found here > http://brookfieldinstitute.ca/wp-content/uploads/2017/03/FINAL-FP-report-Onlinev3.pdf

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