Amidst concern for the value an undergraduate degree has in today’s economy, the Association of Universities and College (AUCC) released some statistics they hope will prove that university grads are not only better off than those without a degree, but that they are also needed for the recovering economy.
Statistics Canada reports that due to the economic downturn, full time employment among CEGEPS (General and Vocational College), university and community college students declined by 30,000 in 2009-2010.
When asked what their entry-level salary expectations were, some Canadian students said they expected a whopping $70,000, and one individual had expectations well above $100,000. They claimed that work-life balance wasn’t a priority for them and working 100 hours a week was okay.
Even when the economy is not in recession, getting an entry-level job can be a daunting task for many new grads and it has become increasingly important to get a head start on your career while you’re still a student.
More than half of young people surveyed said they would like to stay with one employer for the duration of their career, and the Government of Canada ranked first on the list of Canada’s Top Campus Employers.