Choices about post-secondary education (PSE) launch individuals onto their future educational and career paths. These decisions are vitally important to Canada’s economic prosperity as well to many individual and social outcomes. Against this backdrop, this joint LMIC-EPRI report provides extensive new evidence on the labour market earnings of PSE graduates.
- Earnings vary by credential, but for all 2010 PSE graduates, real earnings grew from $43,100 to $59,300, an increase of 8 .4% per year (38% in total) from 2011 to 2015.
- Five years after gradation, earnings vary widely by field of study within credentials, with the top fields earning between 40% and 60% more than graduates from fields with the lowest earnings.
- In every field of study, women earn less than their male counterparts five years after graduating and in the vast majority of cases average gender earnings differences increase from year one to year five.
- International students who stay and work in Canada earn less than their Canadian counterparts, but the differences narrow over time.
- Graduates are doing well, on average, but the spread between higher and lower earners is wide and grows over time within each credential.
Chosen excerpts by Job Market Monitor. Read the whole story @ Post-Secondary Graduate Earnings – LMIC-CIMT