Description: A report by TD Economics may be bad news for this spring’s graduates. In the current economic slowdown, TD Economics says new grads may take a lower starting salary than new entrants who may have graduated when unemployment was lower. The report offers it may take a decade for new employees to catch up, stating “People who start out behind are more prone to stay behind, and women are more at risk.”
Date: February 1, 2024
Source: thestar.com
Discussion points:
1) How is the demand for new graduates at your university?
2) Accountancy seems to be one profession where demand for new grads remains high. How is the starting compensation from accounting firms comparing to prior years?
3) Page 12-1 of Wiley’s Understanding Financial Accounting provides an account of how students in clubs or courses at a number of Canadian universities are developing job-ready skills in picking stocks with real money. Does your university have such a club or program?
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