“You’re in big trouble if you don’t have a post-secondary degree in Toronto.”
That’s what the co-author of a labour market report told the Toronto Star HERE in an interview.
John MacLaughlin is director of policy at the Toronto Workforce Innovation Group. They’ve just released a report titled 95 Months: Turbulent Times in Toronto’s Labour Market.
It highlights changes in Toronto’s economy from just before the Great Recession to the start of 2015.
The income gap has grown, work is more precarious, and there’s an increasing proportion of part-time jobs.
The data also reveals that it’s more difficult for lesser educated workers to find jobs in Toronto. University graduates make twice as much as someone with no post-secondary education.
The report also predicts that post-secondary education will be more important in the future because machines and computers will replace jobs that require less social and creative skills.
Do you think post-secondary education is a MUST in today’s economy? Is a three year bachelor’s degree with a $30,000+ price tag a necessity to get any worthwhile job nowadays?