Picture Reference:http://rhetoriccamel.blogspot.ca/2010/09/no-money.html
According to a recent research, it indicates that the younger workers in Canada have really low salaries compared to their parents. This is a strange phenomenion because most of them are more well-educated and theoretically they should get a good job much easilier.
However, that is not the reality. So, why?
In my opinion, the first reason is the globalization. More elites from other countries come to Canada and get good education; this group of people generates or even increases the employment pressure faced by the Canadian young generation. Therefore, globalization partially causes the current undesirable situation.
Secondly, even though the younger workers are well-educated, most of them do not have practical skills to compete with the ones who are sophisticated and familiar with the rules of society with decades of experiences. The older you are, the more you learn and understand. This is a thing that you cannot learn from school, you should learn it by yourself starting at the moment you step into the society.
However, this is a serious problem for both governments and younger workers. As long as the older generations retire, less taxes will be received and it is hard to support the welfare system such as health care. The government has to rely on a small proportion of the population to pay more tax (because younger workers are poor!).
I think, the Canadian government should limit the immigration population and create more opportunities for the local people. Besides, the companies should not only focus on their profit, trying to believe the young generation is crucial.