I speak of Canadian college and university graduates. According to a StatCan article that seems to have been released within the past few days:
“International comparisons show that, compared to other major OECD countries, Canada had the highest percentage of college- and university-educated workers who earned less than half of the national median employment income in 2006. International indicators showed that 18% of university-educated adults and 23% of college-educated adults aged 25 to 64 in Canada earned less than half the national median employment income in 2006. This meant that these workers’ annual earnings were less than $16,917 before taxes and transfers.”
We don't seem to know why the earnings of these people are so low or, therefore, what might be done about that. Clearly it's extremely important that we try to find out.
College and university graduates with low earnings in Canada – Demographic and labour market characteristics