Canada’s skills gap has been brought into increasing focus by the large numbers of unfilled jobs which coexists with high youth unemployment.
Last summer, a report commissioned by the Canadian Council of Chief Executives stated that Canada is falling behind in the global skills race. The answer, according to many university presidents, is more money to produce more graduates. But what if Canadian universities were the root cause of the skills gap, rather than the solution? There’s considerable evidence to support this conclusion.
While universities like to trot out statistics showing that their graduates have higher rates of employment than people without post-secondary education, they deliberately fail to report what portion of those graduates find work that requires a university education.
An OECD survey provides that information: Some 40 per cent of Canadian university graduates aged 25 to 29 are employed in low-skill jobs, second worst rating out of the 11 countries surveyed. That bachelor of arts in history or philosophy just isn’t of much use to a barista at Starbucks.
Failure to find work utilizing their university learning has driven a huge increase in BA graduate enrolment in jobs-focused colleges. For taxpayers, this means paying for a costly but practically useless university education program and then paying again for the college program…
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The day you officially don the cap and gown of graduation marks the start of a new journey into the “real world.” But, before you begin that job hunt, some proverbial “housekeeping” is in order to ensure that you put your best foot forward. College professors and mentors teach resume preparation and interview acumen, but … Continue reading »
In a recent survey, Gaby Atfield and Kate Purcell found in Futuretrack Stage 3 Working Paper 4: The fit between graduate labour market supply and demand that graduates who were studying vocational subjects were most likely to believe that the subject they had studied would be an advantage in looking for employment. Sixty per cent of respondents studying subjects allied to … Continue reading »
This year’s college graduates are being offered more jobs and fatter paychecks. Members of the Class of 2012 are being offered median starting salaries of $42,569 — up 4.5% from last year, a new report from the National Association of Colleges and Employers shows. Meanwhile, they have more jobs to choose from. Employers expect to … Continue reading »
The college class of 2012 is in for a rude welcome to the world of work. A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don’t fully use their skills and knowledge. Young adults with bachelor’s degrees are increasingly scraping by in lower-wage jobs — … Continue reading »
Harvard topped the chart of universities around the world that were ranked based on the “employability” of their graduates. MIT ranked seventh worldwide, while Boston University ranked 17th. The chart, entitled “What the job market wants,” was published today by the New York Times, which said an online survey was compiled by Emerging, a human … Continue reading »
Thomas Jefferson School of Law, based in San Diego, was the first to face a lawsuit alleging that it misled students by advertising that a high percentage of its graduates landed jobs, without saying which of those jobs required a law degree or were full time. Now, a former career-services employee at Thomas Jefferson says the school didn’t just mislead; it … Continue reading»
BBC News – Recent graduates are more likely to be working in lower skilled jobs than they were 10 years ago, new figures show. Over a third of recent graduates were in non-graduate jobs at the end of 2011 – up from around a quarter in 2001. The figures, from Office for National Statistics, also … Continue reading »
More than half of college students who will graduate next year are willing to accept a monthly salary of less than 4,000 yuan ($638), according to a survey released on Saturday. The survey, conducted by renren.com, a popular social networking website which launched its job-search service for graduates in July, ran from Aug 21 to … Continue reading »
China – Half of this year’s record high 6.8 million new college graduates are still struggling to find jobs
Hang Peng, Beijing, said, “This bachelor degree certificate used to be a magic key for Chinese grads to a high-paid job. But now, for many of them here, its really little more than permission to rent a bed in a job-seekers’ dormitory. This is a three-room apartment. But it’s been transformed into a crowded dorm … Continue reading »
Employability of MBA graduates across specialisations is at a dismal low, says the National Employability Report MBA Graduates, Annual Report 2012 by Aspiring Minds. While employability is below 10% for functional role in the field of HR, marketing or finance, in business consulting roles, it is as low as 2.5%. The study also revealed that … Continue reading »
Voicing concern over lack of employability skills among graduates, Minister of State for HRD and External Affairs E Ahamed said that only 25 per cent of them are employable. “Of late, employability of graduates coming out of our educational system is becoming a matter of great concern. I am told only 25 per cent of … Continue reading »
Primary teaching students are being encouraged to leave New Zealand for overseas when they graduate because nationally only one in five will land jobs at home. Canterbury Primary Principals’ Association president John Bangma said the odds for Christchurch graduates were even worse than that. He advised Christchurch graduates to look for jobs elsewhere in New … Continue reading »