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Wages and full-time employment rates of young high school graduates and bachelor's degree holders, 1997 to 2012

Wages and full-time employment rates of young high school graduates and bachelor's degree holders, 1997 to 2012, 2014, Vol.no. 360

ISBN: 9781100235868 ;ISBN: 1100235868 ;OCLC: 898100377 ;LCCallNum: HD5728 .F746 2014eb

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  • Title:
    Wages and full-time employment rates of young high school graduates and bachelor's degree holders, 1997 to 2012
  • Author: Frenette, Marc ; Morissette, René
  • Subjects: Academic degree ; Autocorrelation ; College graduates ; Dependent and independent variables ; Economic inequality ; Economics ; Economy ; Education ; Employed ; Employee ; Employment ; Employment-to-population ratio ; Errors ; Errors and residuals ; Exchange rate ; Further education ; High school graduates ; Higher education ; Jobs ; Labour ; Labour market ; Minimum wages ; Regressions ; Retirement ; Salaries ; School ; Science and technology ; Serial correlation ; Social sciences ; Unemployment rate ; Wages
  • Is Part Of: Wages and full-time employment rates of young high school graduates and bachelor's degree holders, 1997 to 2012, 2014, Vol.no. 360
  • Description: This study examines which factors underlie the narrowing of wage differences observed between young bachelor's degree holders and high school graduates from the 2000-to-2002 period to the 2010-to-2012 period and the widening of differences in full-time paid employment rates between these two groups. The study uncovers three key findings. First, while the oil boom seen during much of the 2000s tended to reduce wage differences across education levels for both young men and young women, the remaining contributing factors differed across gender. Increases in real minimum wages and in the relative supply of bachelor's degree holders tended to narrow wage differences for young women but not for young men. In contrast, movements in unionization rates and in the relative prevalence of temporary jobs reduced the education wage premium for young men but not for young women. The second finding is that increases in real minimum wages appear to have had a dual impact for young women, narrowing wage differences between young female bachelor's degree holders and high school graduates but widening differences in full-time paid employment rates between these two groups. The third finding is that the narrowing of wage differences between young bachelor's degree holders and high school graduates employed in full-time jobs was offset by a widening of differences in full-time paid employment rates between these two education groups. As a result, differences in unconditional average weekly earnings or in average annual wages and salaries between young bachelor's degree holders and high school graduates displayed no trend during the observation period.
  • Publisher: Ottawa, Ontario: Statistics Canada, Social Analysis Division
  • Format: 1 electronic text (37 pages)
  • Language: English
  • Identifier: ISBN: 9781100235868
    ISBN: 1100235868
    OCLC: 898100377
    LCCallNum: HD5728 .F746 2014eb
  • Source: Scholars Portal Books: Canadian Public Documents Collection xxxx 2015
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