Large increases in the educational attainment of Canadians have occurred during the past three decades. While Canadians' average years of completed schooling remains slightly below that in the U.S., it is higher than many OECD countries. Further, international tests of adult literacy show that the skills of well-educated Canadians are comparable to their counterparts in other OECD countries. Despite this dramatic rise in the supply of educated workers, and their increasing supply of hours in the paid labour market, the unemployment rate of those with more education has fallen relative to the less educated. Further, the wage premium associated with higher education has remained relatively stable. This suggests a substantial increase in the demand for more highly educated workers.
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Paper provided by UBC Department of Economics in its series UBC Departmental Archives with number
00-06.
Find related papers by JEL classification: J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity I20 - Health, Education, and Welfare - - Education - - - General
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Daniel Schwanen, 2001.
"Trade Liberalization and Inequality in Canada in the 1990s,"
The Review of Economic Performance and Social Progress,
in: Andrew Sharpe, Executive Director & France St-Hilaire, Vice-President , Research & Keith Banting, Di (ed.), The Review of Economic Performance and Social Progress 2001: The Longest Decade: Canada in the 1990s, volume 1
Centre for the Study of Living Standards & The Institutute for Research on Public Policy.
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