OTTAWA—Young people entering the job market today may be better educated, but they’re earning less money than their parents did a generation ago, according to new census data released today by Statistics Canada.
In fact, it’s a trend that began a quarter-century ago and doesn’t appear to be slowing down—especially for young men entering the workforce.
Across all age groups, median salaries for full-time workers have changed little in 25 years. Workers today make, on average, a mere $53 more than they did in 1980, when adjusted for inflation, according to the census.