Subhead:The jobless rate for Canadians aged 15–24 jumped from 10% in 2022 to 13.8% in 2025, an 8.1-point gap relative to adult workers and nearly 4 points higher than in the U.S.#   Youth unemployment in Canada has surged to near-record levels in recent years, reaching highs rarely seen outside of an economic downturn, according to a new report from the Fraser Institute. The study found that the unemployment rate for Canadians aged 15 to 24 climbed from 10 per cent in 2022 to 13.8 per cent in 2025 — the fastest three-year increase on record outside of a recession. That puts youth unemployment far above the national average, with a growing gap between younger workers and the rest of the labour force. In 2025, the difference between youth unemployment (13.8 per cent) and adult unemployment (5.7 per cent) reached 8.1 percentage points — near historic highs. ​Read More