{
    "terms": {
        "url": "https://www.bankofcanada.ca/terms/"
    },
    "groupDetail": {
        "label": "Chart 5: The increase in long-term unemployment is affecting young people more than it did during the 1990s recession or the 2008–09 global financial crisis",
        "description": "Share of people aged 15 to 24 in the increase in unemployment\n\nNote: For the 1990s recession, the change is calculated from the second quarter of 1990 to the fourth quarter of 1992. For the 2008–09 global financial crisis, the change is calculated from the third quarter of 2008 to the third quarter of 2009. For the period since the first quarter of 2023, the calculation runs through the first quarter of 2026. Long-term unemployment is defined as unemployment lasting 27 weeks or more.\n\nSources: Statistics Canada and Bank of Canada calculations",
        "link": "https://www.bankofcanada.ca/?p=253356"
    },
    "seriesDetail": {
        "SPEECH_VINC20260528_C5_S1": {
            "label": "Overall unemployment",
            "description": "Overall unemployment",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "SPEECH_VINC20260528_C5_S2": {
            "label": "Long-term unemployment",
            "description": "Long-term unemployment",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        }
    },
    "observations": [
        {
            "k": "1990s recession",
            "SPEECH_VINC20260528_C5_S1": {
                "v": "20.7"
            },
            "SPEECH_VINC20260528_C5_S2": {
                "v": "15.2"
            }
        },
        {
            "k": "2008–09 global financial crisis",
            "SPEECH_VINC20260528_C5_S1": {
                "v": "26.7"
            },
            "SPEECH_VINC20260528_C5_S2": {
                "v": "15.4"
            }
        },
        {
            "k": "Since 2023Q1",
            "SPEECH_VINC20260528_C5_S1": {
                "v": "31.1"
            },
            "SPEECH_VINC20260528_C5_S2": {
                "v": "29.6"
            }
        }
    ]
}