Six reasons why there are too many graduates
Talking of identity economics , I can now identify the author of almost every Worthwhile Canadian Initiative posting within the first couple of sentences. They are trying to confuse me by throwing two new authors into the mix, but I have figured out their wily ploy. So in the first Frances Woolley post I have recognised , she has mentioned in passing a mysterious fact. Squidward Tentacles, SpongeBob's co-worker, probably did better in school than SpongeBob did. He has intellectual pretensions, to play clarinet and to dance. But these aspirations only make him miserable in his job as a cashier at Krusty Krab. Canada, like many other countries, has expanded access to post-secondary education, but the demand for educated workers has not kept up to the supply. A study by Marc Frenette based on data from the 1980s and 1990s found over thirty percent of university graduates were over-qualified for their jobs. But the quantity demanded and supplied should be equal in equilibrium - at l...