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Education Pays!


File number :
IST-ISC-01e

Bibliographic reference :
Gouvernement du Québec, ministère de l’Éducation du Québec (2000). Education Pays! Education Statistics Bulletin. [On line]. No. 16, june 2000.
<http://www.mels.gouv.qc.ca/>

Abstract :

The bulletin entitled Education Pays! released in June 2000 demonstrates the positive effects of an educated labour force in terms of resources on both an individual and collective level. A survey carried out in Quebec (Canada) has shown that only half the population (51.5%) believed that young people have a better chance at finding a well-paid job if they are college or university educated. Backed by numerical data, this bulletin calls this idea into question.

Table 4 included in the bulletin and entitled “Unemployment rates (%) in 1999 according to highest level of schooling attained” shows that higher education levels are generally associated with lower unemployment rates. The numbers were taken from the Labour Force Survey produced by Statistics Canada. It also shows that in spite of the direct and indirect costs of schooling, having a higher level of education is profitable. However, as far as income from employment is concerned and despite the positive effect of education, there were major differences between men and women with the same educational level.



Links :
http://www.mels.gouv.qc.ca/

Key Words :
School Leaving, School Failure, Gender, Work Situation, Remuneration, Unemployment Rate, Cost of Education, Education and Income, Statistics Canada, Postsecondary Education

Monitored Countries :
Quebec (Canada)