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Jobs, skills and income for the 21 st century

Jobs, skills and income for the 21 st century . January 2013. A changing picture . Responding to demand. Source: Statistics Canada data and AUCC estimates. “We’re number 15.” What? . Canada’s competitive advantage in university attainment is eroding….

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Jobs, skills and income for the 21 st century

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  1. Jobs, skills and income for the 21st century January 2013

  2. A changing picture

  3. Responding to demand Source: Statistics Canada data and AUCC estimates

  4. “We’re number 15.” What? Canada’s competitive advantage in university attainment is eroding… Source: OECD, Education at a Glance 2012

  5. And by some measures, we rank even lower Canada was 21st in university participation in 2010 * Four-year age cohort with highest enrolment Source: AUCC estimates using OECD database, 2012

  6. “But aren’t we #1?” College attainment rates age 25 to 64 Source: OECD, Education at a Glance 2012

  7. Universities deliver more – with less Government “Net” tuition Gifts and donations

  8. Canadian university graduation rates better than the U.S.   

  9. Demand for university graduates is growing High school or less University degree Jobs for university and college grads have more than doubled PSE certificate Trade certificate Source: Statistics Canada, Labour Force Survey

  10. High-quality jobs: a path to prosperity For college grads, the job growth focused on technical; clerical; sales; and trades areas Since 1990 1.7 million more jobs in professional areas – 1.4 million for university grads

  11. Job growth for university graduates remains strong 15% more jobs than in 2008 5% Source: Statistics Canada, Labour Force Survey July 2008 to July 2012

  12. University graduates in demand everywhere Alberta: 1000s of new jobs for university graduates between 2000 and 2011 Source: Statistics Canada, Labour Force Survey

  13. The majority of jobs facing skills shortages require a university degree • Managers in engineering, architecture, and science • Managers in health, education, social and community services • Managers in construction and transportation • Auditors, accountants and investment professionals • Human resources and business service professionals • Professional occupations in natural and applied sciences • Physical and life science professionals • Professional engineers • Physicians, dentists, pharmacists and veterinarians • Optometrists, chiropractors and other health diagnosing and treating professionals • Registered nurses, dieticians, therapists • Medical technologists and technicians • Technical occupations in dental health care • Psychologists, social workers, counsellors, clergy and probation officers • Supervisors and underground miners, oil and gas drillers and related workers • Supervisors in manufacturing • Supervisors, processing occupations • Sources: CIBC World Markets, The Haves and Have Not’s of Canada’s Labour Market • (December 3, 2012)

  14. The unemployment myth Source: Statistics Canada, Labour Force Survey, 2011

  15. The myth of growing student debt * In 2012 one-third of those with debt owe less than $12,000. Sources: Canadian University Survey Consortium (CUSC), Graduating Students Survey; Statistics Canada, National Graduate Survey (NGS).

  16. Plan ahead for tomorrow By end of career, earnings are double Source: Statistics Canada, 2006 Census, full-time, full year work

  17. University pays dividends Source: Statistics Canada, 2006 Census of Population

  18. Study what you love Source: Statistics Canada, 2006 Census of Population

  19. Motivation counts Source: Statistics Canada, 2006 Census of Population

  20. So, what’s the story with colleges? Source: Ministry of Training Colleges and Universities: A Summary of the Employment Experience of 2009–2010 College Graduates Six Months After Graduation and COU 2010 Survey Highlights: Employment Outcomes of 2008 Graduates of Ontario University Undergraduate Programs

  21. Why do university grads go to college? • Polytechnics Canada estimates that 13% of their students have completed a bachelor’s degree prior to enrolling • Many colleges are targeting university graduates for their postgraduate certificate programs: • Human Resources Management Program • International Business Management • Marketing Management - Financial Services • Environmental Control • Computer Animation • Financial Planning Program (Postgraduate) • FPSC has received ISO 17024 accreditation by the Standards Council of Canada • Certified Financial Planner® certification

  22. Thank you! www.aucc.ca

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