For the second month in a row student unemployment has dropped, according to the latest Statistics Canada Labour Force Survey. The overall unemployment rate increased 0.1 points to 8.0 per cent, but students aged 20-24 are having an easier time in the labour market over last summer.
The July unemployment rate for all students (ages 15-24) dropped 4.1 points over July 2009 to 16.8 per cent. Students in the 20-24 category posted an unemployment rate of 7.5 per cent, compared to 28.2 per cent for those in 15-16 category, and 18.2 per cent for the 18-19 age group. In June, the student unemployment rate for those aged 20-24 was 10.3 per cent.