Employment rate for Canadians with PSE stable over 10-year period

February 24, 2012

In a new fact sheet, Statistics Canada reports that the employment rate for Canadians with PSE was the same in 1999 as in 2009, with no fluctuation by more than one percentage point. The paper states this stable employment rate in relation to large increases in the number of people with a university or college education indicates that Canada's labour market was successful in employing a rising number of highly educated individuals. In 2009, 82% of the Canadian population with a college or university credential was employed, compared to 55% of individuals with less than a secondary school education. Employment rates in Canada for people with a college or university credential were consistently within 3 percentage points of the OECD average between 1999 and 2009. However, in 2009, all but 3 of the dozen peer nations considered in the fact sheet (the US, Japan, and Italy) posted higher employment rates than Canada. In all 12 nations, the proportions of the population with PSE credentials were lower than the proportion for Canada. The paper notes that the economies of Alberta, Manitoba, and Saskatchewan were successful in generating high levels of employment for both the most and the least educated, in this case individuals with university credentials and those with less than secondary school. Read the fact sheet