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Education and the Job Market – Canada – Analysis and Commentary By: Paul Young, CPA, CGA Date: November 23, 2016

Education and the Job market – Canada – Analysis and Commentary

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Page 1: Education and the Job market – Canada – Analysis and Commentary

Education and the Job Market – Canada – Analysis and Commentary By:Paul Young, CPA, CGADate: November 23, 2016

Page 2: Education and the Job market – Canada – Analysis and Commentary

Agenda • Enrollment by Study• Graduates and Job Market

Page 3: Education and the Job market – Canada – Analysis and Commentary

Post – Secondary Enrolment by Field of Study

Page 4: Education and the Job market – Canada – Analysis and Commentary

Graduates

Commentary:• Canada is producing 500K to 516K and

the job market is only creating 200K in new jobs

• Declining enrolment is impacting education

• Healthcare cutbacks are forcing the elimination of healthcare jobs

• Canada is export driven economy. Exports need to expand to new markets. For each $1B in exports is 5,500 jobs

• Retail Channel is evolving to more eCommerce.

• There is a skills gap. Education has not align to jobs in areas like advance manufacturing, Cybersecurity, Analytics, Expert Farming, etc