The most recent federal government Labour Market Assessment found that 44% of Canadian university graduates are underemployed, a fact that will come as no surprise to the average Millennial freshly loaded down by student debt and confronted with the new reality of precarious, low-paying jobs.
The proportion of workers aged 25 to 34 with university degrees who are overqualified in their current position has been on an upward trend since 1990, surpassing 40% in 1990.
On the other hand, the most in-demand jobs, like Data Scientist or Content Marketer, barely existed at the moment when most students graduating this spring would have begun their degree just a few years ago.
It’s no surprise, then, that many recent graduates seriously consider a stay in the family basement until they can find a foothold in the labour market.
With that in mind, LinkedIn has just released its LinkedIn Students app, available on iOS and Android, for the estimated 740,000 Canadian college and university students using the site.
Canada is the second market globally where the standalone app has rolled out, after it launched last month in the U.S.
The mobile app features the same features as the website, including job postings, company profiles, alumni to connect with, and articles on career advice.
Essentially a social network, LinkedIn has a database of over 400 million professionals.
LinkedIn Student helps with the discovery process, recommending jobs that are the best possible fit for graduates with a particular major, and highlighting companies that have tended to hire from your school and showcasing the career paths of recent alumni with similar degrees.
The app even has a Tinder-like swiping function, that allows users to swipe through personalized recommendations.