Graduating Students’ Impact on Labor Market: A Pre and Post Covid Analysis
Team Members
Gizem Barutcu, Keerthana Vineed, Midun Siva, Preethi Yadav, Purvi Shukla, Rishab Kulal
Abstract
This research investigates the transformative influence of graduating students on Canada's labor market, assessing the multifaceted effects of external factors pre- and post-Covid through a comprehensive PESTLE analysis. By examining shifts in career aspirations and employment rates among graduates, our study provides critical insights into the broader job market landscape.
Our findings reveal a promising post-Covid trend in the Canadian job market, marked by reduced unemployment rates and heightened employment rates, especially among higher-educated individuals. Supported by evidence from the December 2022 Labor Market Report, our analysis showcases resilience and growth, notably among youth demographics and diverse industry sectors.
These optimistic post-Covid job market trends hold significant implications for educators and policymakers, urging strategic interventions in education and policy realms to effectively navigate challenges encountered by the emerging workforce.
