Post-secondary students are graduating into a recession — here’s what that means for the social impact sector

Authors Scott Stirrett & Parm Gill
Students need support to start meaningful careers in a post-pandemic Canada

Why It Matters

Compared to the general population, recent graduates are particularly hard hit by economic downturns, experiencing long-term reductions in wages, employment, and even higher mortality.

var TRINITY_TTS_WP_CONFIG = {"cleanText":"Post-secondary students are graduating into a recession \u2014 here\u2019s what that means for the social impact sector. The International Monetary Fund forecasts that Canadian gross domestic product will fall \u00a0by over 6 percent this year, which will be \u00a0the most substantial economic contraction since the Great Depression of 1929-1933 and significantly more severe than the Great Recession of 2007-2009. While no financial crisis is the same, economic recessions disproportionately negatively impact those entering the workforce , in comparison to the general population.\u00a0 Leaders from across society \u2014 including businesses, non-profits, post-secondary institutions, and governments \u2014 need to take action to empower recent graduates to launch

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