19 november 2024
Persistence in school and work-school balance: A solution to the labour shortage
For the Chambre of Commerce of Metropolitan Montreal and Montreal Hooked on School, Aviseo’s team focused on the factors related to persistence in school in a context in which labour shortages attract students to the labour market and automation is something to look out for in some jobs that require little training. Education benefits everyone, particularly students themselves, since it leads to better long-term wages, job satisfaction, and job security. Some ways to encourage persistence in school are to offer greater support to students, adapt the study experience (evening classes, internships), and facilitate the work-school balance.
Key figures
- Wages for jobs that do not require any schooling increase faster (+4.2%) than jobs that require a bachelor’s degree (+0.2%).
- Of the men, 18.4% leave school without a diploma or certification; this number is 13.2% for women.
- The graduation rate went from 58% to 67% in Montreal and from 63% to 71% in Quebec between 2010 and 2017.
- A diploma is not required for 30% of the unfilled jobs in the province.
- Individuals who have completed high school will earn about $500,000 more over their careers than those who have not completed it.
- A 20% decrease in re-entry education would result in $21 million in tax revenue losses for the governments.
- Nearly 40% of workers without diplomas are at risk of their jobs becoming automated.
- Encouragement and support from family and friends is the main factor that contributes to persistence in high school in 29% of cases.
Please note this publication is only issued in French.
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14 november 2024