It's important to recognize that there's a certain degree of underemployment that takes place, especially after a recession. We'll always have underemployment apparent in the labour market. It often takes time, for youth in particular, to find a job that matches their education level. For personal reasons, youth may choose to work in occupations that are not commensurate with their education level. Youth may be able to immediately earn more in a job that requires less education.
It's also important to note that occupational projections show that the majority of job growth occurs in high-skill occupations that typically require some form of post-secondary education, meaning that youth should still be encouraged to attend college and university.
I also want to quote some other OECD figures, though. By most labour market indicators, Canadian youth perform very well compared to other OECD countries. When you look at unemployment rates, and our colleagues from StatsCan noted some of that information, in 2012 14.3% of Canadian youth aged 15-24 were unemployed, compared to the OECD average of 16.3%. In 2012, 6.9% of Canadian youth aged 25-34 were unemployed, compared to the OECD average of 9.1%.