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  • The effects of neoliberal capitalism have had a significant impact on the structure of the Canadian labour market and economy, but also on the employment opportunities for young workers in the early 21st century. And despite being the most educated generation ever, the millennials are faced with fewer full-time, secure jobs. Many have opted to embrace self-employment, sometimes not by choice but by necessity. This qualitative study embraced similar themes from the McMaster University/United Way of Toronto/PEPSO study, “The Precarity Penalty,” to determine how self employment affects their personal, work, social and community lives. One-on-one interviews were conducted with 10 Hamilton millennials (born 1981-1997), who were recruited through the Hamilton Chamber of Commerce’s affiliated organizations, Hamilton HIVE and Young Entrepreneurs and Professionals Hamilton. A total of 28 questions explored five topical areas: 1) their employment relationship; 2) how their employment relationship affected their life outside of work – i.e., family life, friends, community involvement; 3) physical and mental health; 4) their outlook on the future in terms of employment-related opportunities and potential barriers; and 5) their overall view on work and the current generation of workers. This research provided a glimpseinto the challenges that young, well-educated, self-employed millennials face, and their views on work and the labour market today. and their views on work and the labour market today. --From Executive Summary

  • The Generation Effect shows that employment precarity is penalizing a generation. Precarious employment has become an unwanted, unnecessary and not-by-choice, new reality of our workforce and economy. Despite the recent changes to Ontario employment regulations, most legislation remains outdated and provides for a workforce and economy that no longer exists. Our social support systems are outdated and currently unable to support the growing ranks of the working poor and people living in poverty. The continued adherence to neoliberalism, an economic philosophy and ideology that has made it easy for corporations to trade and enhance their profits and, at the same time, eliminate full-time permanent jobs, has made life more difficult for millennial workers. The Generation Effect provides a snapshot of the lives of Hamilton-area millennials working in a labour market that differs significantly from that of their parents. It is a starting point for a long overdue conversation about the current nature and structure of work, its impact on millennial workers and their families, our communities and society at large. --From authors' summary

Last update from database: 9/22/24, 4:10 AM (UTC)

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