What’s In This Email

• 🧊 Job Hunting on Thin Ice as Young Canadians Struggle in a Cooling Market

• Tips From a Workplace Expert on Landing Your Summer Job

• How Jeremy Allen Transforms into “Carmy” 🐻👨‍🍳

• Notable Spotlight: Nobu Comes to Canada

• Notable Plug 🔌 

✍️ TAKE NOTE

 🧊 Job Hunting on Thin Ice as Young Canadians Struggle in a Cooling Market

In June, Canada's unemployment rate climbed to 6.4%, with a slight loss of 1,400 jobs reported across various sectors. Particularly concerning is the rising unemployment rate among youth, reaching 13.5%, the highest since 2014, excluding pandemic impacts. Students faced difficulty securing summer employment, with only 46.8% finding jobs, marking the lowest rate since 1998. Despite a year-over-year increase in overall employment by 1.7%, concerns linger over job creation keeping pace with population growth.

Key Takeaways

• Canada's unemployment rate rose to 6.4%, up from 6.2% in May.

• 1,400 jobs were lost in June, with declines in transportation, warehousing, and public administration.

• Youth unemployment surged to 13.5%, reflecting challenges in the summer job market.

• Wage growth accelerated to 5.4% annually in June, prompting speculation on future Bank of Canada actions.

• Expectations for a Bank of Canada rate cut are rising, influenced by cooling job figures and inflation trends.

Why This Matters: The latest job market data underscores significant challenges for Canadian youth and students seeking employment amidst broader economic uncertainties. Understanding these shifts in Canada’s labour market sheds light on the broader economic landscape, affecting both policymakers and individuals entering or transitioning within the workforce.

Read the full article here.

Tips From a Workplace Expert on Landing Your Summer Job

Summer job hunting for students comes with its challenges and successes, as highlighted by recent insights from workplace experts and student experiences:

Key Takeaways

• Early Preparation Advised: According to Sandra Levoy from Robert Half, students aiming for summer jobs should ideally start sending out résumés by early March.

• Persistence Pays Off: Even for those starting later, there's still demand despite market uncertainties. Following up with emails and calls to HR can make a difference.

• Experience and Networking Matter: Successful applicants often leverage relevant experience and personal connections. Rachel Bannister secured a camp counsellor position through her background in drama and previous camp work.

Why This Matters: With youth struggling to find summer work, practical advice and real-life examples become crucial for students navigating the competitive job market.

Read the full article here.

@ignaciamsa

5 tattoo cover 11 tattoo transfers 5 scar transfers Season 1- 1hr 26mins Season 3- 24mins Every Second Counts #thebear #thebearfx #jere... See more

Nobu Toronto

Nobu’s first Canadian location will open in Toronto this coming August

@dishedtoronto

Nobu is officially opening in Toronto this summer 🍱 #toronto #ontario #tiktoktoronto #torontorestaurants #torontofood #nobu #nobutoronto #... See more

🔌  NOTABLE PLUG

🎙️ Get Into It: Search Engine with PJ Vogt podcast. Named a best podcast of 2023 by Vulture, Time, The Economist, & Vogue. No question too big, no question too small. On Search Engine, host PJ Vogt answers the kinds of questions you might ask the internet when you can't sleep. If you find the world bewildering, but also sometimes enjoy being bewildered by it, we're here for you. Listen on Apple or Spotify.

📄 Notable Hires: Head of 3D Bitmoji Creative @ Snap Inc (full-time, Toronto)

🎓 Hope This Helps: SlideNotes. Designed to automatically convert slide presentations into written notes. By simply uploading a PowerPoint or PDF file, SlideNotes generates a corresponding set of text notes that can be easily reviewed and shared.

🌍 Notable Destinations: Hamilton to Reykjavík ($578 - $691) Dates: July 29 - August 7. Click on this link to see the deal.

🧠 Today We Learned: When Domino’s Pizza launched into the Italian market in 2015, it aimed to establish 880 outlets nationwide by 2030. However, it only managed to open 29 branches, all of which were closed by 2022.

We want to get to know you more! Take our community survey at your convenience. We appreciate you taking the time to help make Notable amazing!

Beyond Notable Daily
_________________

Editorial
Contact our editor 

Advertising
Contact our team

Marketing Services
Contact our agency


ABOUT NOTABLE
Notable Life is Canada for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.